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We study the voluntary provision of a discrete public good via the contribution game. Players independently and simultaneously make nonrefundable contributions to fund a discrete public good, which is provided if and only if the contributions are at least as great as the cost of production. We...
Persistent link: https://www.econbiz.de/10014051626
We analyze a symmetric Bayesian game in which two players individually contribute to fund a discrete public good; contributions are refunded if they do not meet a threshold set by the seller of the good. We provide a general characterization of symmetric equilibrium strategies that are continuous...
Persistent link: https://www.econbiz.de/10012726475
We reconsider Laussel and Palfrey's (2003) analysis of private provision of a discrete public good via the subscription game. We show that the equilibria they define as semi-regular do not exist. Taking players' values for the public good as uniformly distributed on [vl, vh] with vl 0, we...
Persistent link: https://www.econbiz.de/10014050790
Transparency and accountability are often regarded as crucial for good governance and the efficient organization of public affairs. To systematically explore the impact of transparency and accountability on cooperation, we conduct a series of laboratory experiments on a variation of the public...
Persistent link: https://www.econbiz.de/10010487735
We compare communication about private information to communication about actions in a one-shot 2-person public good game with private information.The informed player, who knows the exact return from contributing and whose contribution is unobserved, can send a message about the return or her...
Persistent link: https://www.econbiz.de/10014196597
We compare communication about private information to communication about actions in a one-shot 2-person public good game with private information. The informed player, who knows the exact return from contributing and whose contribution is unobserved, can send a message about the return or her...
Persistent link: https://www.econbiz.de/10014165459
We examine the private provision of a public good whose level is determined by the least contribution of individual group members. Nash equilibrium can be efficient when the game is one of full information. This paper introduces private information about the costs of effort and characterizes...
Persistent link: https://www.econbiz.de/10013055272
This paper studies behavior in experiments with a linear voluntary contributions mechanism for public goods conducted in Japan, the Netherlands, Spain and the USA. The same experimental design was used in the four countries. Our 'contribution function' design allows us to obtain a view of...
Persistent link: https://www.econbiz.de/10011327522
hypothesis we run an experiment where participants play two consecutive Bertrand pricing games: first a standard version without …
Persistent link: https://www.econbiz.de/10012547790
Persistent link: https://www.econbiz.de/10010403575