Abstract:
We run a public goods experiment with four different treatments. The payoff function is chosen such that the Nash equilibrium (NE) and the collective optimum (CO) are both in the interior of the strategy space. We test the effect of varying the level of the collective optimum on contributions. The results show that contributions increase with the level of the CO.
Keywords:Public goods; Experiments; interior solutions; social dilemma (search for similar items in EconPapers) JEL-codes:C9 (search for similar items in EconPapers) New Economics Papers: this item is included in nep-cdm, nep-exp and nep-pol Date: 2004-03-23 Note: Type of Document - pdf; pages: 17. An experimental paper on public goods