Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/26647 
Year of Publication: 
2009
Series/Report no.: 
CESifo Working Paper No. 2602
Publisher: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Abstract: 
We report an experiment comparing sequential and simultaneous contributions to a public good in a quasi-linear two-person setting (Varian, Journal of Public Economics, 1994). Our findings support the theoretical argument that sequential contributions result in lower overall provision than simultaneous contributions. However, the distribution of contributions is not as predicted: late contributors are sometimes willing to punish early low contributors by contributing less than their best response. This induces early contributors to contribute more than they otherwise would. A consequence of this is that we fail to observe a predicted first mover advantage.
Subjects: 
Public goods
voluntary contributions
sequential moves
experiment
JEL: 
C92
D03
H41
Document Type: 
Working Paper
Appears in Collections:

Files in This Item:
File
Size
812.21 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.