An Experimental Dynamic Public Goods Game with Carryover

Kurtis Swope (), Pamela Schmitt (), John Cadigan and Patrick Wayland
Additional contact information
Patrick Wayland: United States Navy

Departmental Working Papers from United States Naval Academy Department of Economics

Abstract: We examine voluntary contributions in a two-stage public good experiment with ‘carryover.’ In two treatments, each subject’s second stage endowment is determined by the return from the public good in the first stage. We manipulate payoffs across these treatments so that, relative to our no-carryover baseline, earnings from either Nash play or Pareto Optimal play are held constant. The remaining two treatments maintain a constant endowment in each stage, but vary the marginal per capita return (MPCR) to contributions in the second stage. Our results indicate that carryover increases first stage contributions. Our implementation of carryover enables us to examine the effects of changing endowments and MPCR’s with a wider variety of parameter values than in the existing literature. Consistent with these studies, we find that MPCR and endowment effects are important determinants of subject contributions to the group account. While stage 1 contributions tend to increase in the presence of carryover, efficiency levels across both stages fall relative to the baseline due to the high potential payoffs from complete contribution in the second stage (due to higher endowments or MPCR levels).

Pages: 22 pages
Date: 2011-02
New Economics Papers: this item is included in nep-cbe, nep-exp, nep-gth, nep-pbe and nep-pub
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (19)

Downloads: (external link)
http://www.usna.edu/EconDept/RePEc/usn/wp/usnawp32.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to www.usna.edu:80 (A connection attempt failed because the connected party did not properly respond after a period of time, or established connection failed because connected host has failed to respond.)

Related works:
Journal Article: An experimental dynamic public goods game with carryover (2011)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:usn:usnawp:32

Access Statistics for this paper

More papers in Departmental Working Papers from United States Naval Academy Department of Economics Contact information at EDIRC.
Bibliographic data for series maintained by ().