|
EconStor >
The University of Nottingham >
Centre for Decision Research and Experimental Economics (CeDEx), The University of Nottingham >
CeDEx Discussion Paper Series, The University of Nottingham >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/49684
|
| | |
| Title: | | Sequential versus simultaneous contributions to public goods: Experimental evidence  |
| Authors: | | Gächter, Simon Nosenzo, Daniele Renner, Elke Sefton, Martin |
| Issue Date: | | 2009 |
| Series/Report no.: | | CeDEx discussion paper series 2009-17 |
| Abstract: | | We report an experiment comparing sequential and simultaneous contributions to a public good in a quasi-linear two-person setting. In one parameterization we find that overall provision is lower under sequential than simultaneous contributions, as predicted, but the distribution of contributions is not as extreme as predicted and first movers do not attain their predicted firstmover advantage. In another parameterization we again find that the distribution of contributions is not as predicted when the first mover is predicted to free ride, but we find 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. |
| Subjects: | | public goods voluntary contributions sequential moves experiment |
| JEL: | | C92 D03 H41 |
| Document Type: | | Working Paper |
| Appears in Collections: | | CeDEx Discussion Paper Series, The University of Nottingham
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/49684
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|