Classroom Games: Voluntary Provision of a Public Good
Charles Holt and
Susan Laury
Journal of Economic Perspectives, 1997, vol. 11, issue 4, 209-215
Abstract:
This paper describes a simple public goods game, implemented with playing cards in a classroom setup. Students choose whether to contribute to the provision of a public good in a situation where it is privately optimal not to contribute, but socially optimal to contribute fully. This exercise motivates discussion of altruism, strategies for private fund-raising, and the role of government in resolving the public good problem.
JEL-codes: D64 H41 (search for similar items in EconPapers)
Date: 1997
Note: DOI: 10.1257/jep.11.4.209
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Citations: View citations in EconPapers (27)
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