2005-10-07Buch DOI: 10.18452/3466
Privately Contributing to Public Goods over Time
An Experimental Study
Levati, Maria Vittoria
Similar to Levati and Neugebauer (2001), a clock is used by which participants can vary their individual contributions for voluntarily providing a public good. As time goes by, participants either in(de)crease their contribution gradually or keep it constant. Groups of two poorly and two richly endowed participants encounter repeatedly the weakest link-, the usual average contribution- and the best shot-technology of public good provision in a within subject-design. Some striking findings are that the weakest link-technology fares much better than the other two technologies in terms of welfare, and that the willingness to voluntarily contribute is greatly affected by the (increasing or decreasing) clock mechanism.
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Is Part Of Series: Sonderforschungsbereich 373: Quantification and Simulation of Economic Processes - 18, SFB 373 Papers, ISSN:1436-1086