search query: @indexterm EQUILIBRIUM THEORY / total: 340
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Author: | Sadrich, A. Verbon, H.A.A. |
Title: | Inequality, cooperation, and growth: an experimental study |
Journal: | European Economic Review
2006 : JUL, VOL. 50:5, p. 1197-1222 |
Index terms: | equilibrium theory growth inequality microeconomics public goods |
Language: | eng |
Abstract: | This article develops a three player dynamic public good experiment in which social output today determines production possibilities tomorrow. The players choose to sabotage, to cooperate, or to play best response in each period. The results indicate equilibrium play in most cases. |
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