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Privately contributing to public goods over time: An experimental study

Werner Güth, Maria Vittoria Levati () and Andreas Stiehler

No 2002,18, SFB 373 Discussion Papers from Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes

Abstract: 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. --

Keywords: Public goods; Voluntary contributions; Efficient provision; Clock mechanism (search for similar items in EconPapers)
JEL-codes: C72 C92 H41 D44 (search for similar items in EconPapers)
Date: 2002
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