Voluntary Provision of Public Goods: The Multiple Unit Case
dc.contributor.author | Bagnoli, Mark | en_US |
dc.contributor.author | McKee, Shaul Ben-David Michael | en_US |
dc.date.accessioned | 2013-11-14T23:21:16Z | |
dc.date.available | 2013-11-14T23:21:16Z | |
dc.date.issued | 1989-08 | en_US |
dc.identifier.other | MichU DeptE CenREST W89-20 | en_US |
dc.identifier.other | H410 | en_US |
dc.identifier.other | C920 | en_US |
dc.identifier.uri | https://hdl.handle.net/2027.42/100798 | |
dc.description.abstract | This paper reports the results of a series of experiments designed to test the predictions of a model of voluntary provision of public goods through private contributions. The particular voluntary contribution game implements the core in successively undominated perfect equilibria, but the behavioral question is whether the agents adopt strategies which support this refinement to the Nash equilibrium. The experimental evidence suggests that they do not: core allocations do not consistently occur in the laboratory markets. | en_US |
dc.description.sponsorship | Center for Research on Economic and Social Theory, Department of Economics, University of Michigan | en_US |
dc.relation.ispartofseries | CREST Working Paper | en_US |
dc.subject | Voluntary Contribution Game | en_US |
dc.subject | Public Goods | en_US |
dc.subject | Nash Equilibrium | en_US |
dc.subject.other | Public Goods | en_US |
dc.subject.other | Design of Experiments: Laboratory, Group Behavior | en_US |
dc.title | Voluntary Provision of Public Goods: The Multiple Unit Case | en_US |
dc.type | Working Paper | en_US |
dc.subject.hlbsecondlevel | Economics | en_US |
dc.subject.hlbtoplevel | Social Sciences | en_US |
dc.description.bitstreamurl | http://deepblue.lib.umich.edu/bitstream/2027.42/100798/1/ECON025.pdf | |
dc.owningcollname | Economics, Department of - Working Papers Series |
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Economics, Department of - Working Papers Series
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