Sequential versus simultaneous contributions to public goods: Experimental evidence

Simon Gaechter, Daniele Nosenzo, Elke Renner and Martin Sefton ()
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Simon Gaechter: University of Nottingham
Martin Sefton: University of Nottingham
Authors registered in the RePEc Author Service: Simon Gächter

No 2009-17, Discussion Papers from The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham

Abstract: We report an experiment comparing sequential and simultaneous contributions to a public good in a quasi-linear two-person setting. In one parameterization we find that overall provision is lower under sequential than simultaneous contributions, as predicted, but the distribution of contributions is not as extreme as predicted and first movers do not attain their predicted firstmover advantage. In another parameterization we again find that the distribution of contributions is not as predicted when the first mover is predicted to free ride, but we find strong support for equilibrium predictions when the second mover is predicted to free ride. These results can be explained by second movers' willingness to punish first movers who free ride, and unwillingness to reward first movers who contribute.

Keywords: Public Goods; Voluntary Contributions; Sequential Moves; Experiment (search for similar items in EconPapers)
JEL-codes: C92 D03 H41 (search for similar items in EconPapers)
Date: 2009-09
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Related works:
Working Paper: Sequential versus Simultaneous Contributions to Public Goods: Experimental Evidence (2009)
Working Paper: Sequential versus simultaneous contributions to public goods: Experimental evidence (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:not:notcdx:2009-17

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