search query: @freeterm Voluntary contributions / total: 3
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| Author: | Gächter, S. (et al.) |
| Title: | Sequential vs. simultaneous contributions to public goods: Experimental evidence |
| Journal: | Journal of Public Economics
2010 : AUG, VOL. 94:7-8, p. 515-522 |
| Index terms: | public goods |
| Freeterms: | voluntary contributions |
| Language: | eng |
| Abstract: | This paper reports an experiment comparing sequential and simultaneous contributions (henceforth as: cntrs.) to a public good in a quasi-linear two-person setting. In one parameterization (here as: parm.) it is found, as predicted, that overall provision is lower under sequential than simultaneous cntrs. Yet, the distribution (here as: dstrn.) of cntrs. is not as extreme as predicted with first movers not attaining their predicted first-mover advantage. In another parm. it is found that the dstrn. of cntrs. is not as predicted when the first mover is predicted to free ride, but there is found strong support for equilibrium predictions when the second mover is predicted to free ride. These results can be explained by second movers' willingness to punish first movers who free ride, and unwillingness to reward first movers who contribute. |
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