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Public Goods: A Survey of Experimental Research

John Ledyard

Public Economics from University Library of Munich, Germany

Abstract: Environments with public goods are a wonderful playground for those interested in delicate experimental problems, serious theoretical challenges, and difficult mechanism design issues. A review is made of various public goods experiments. It is found that the public goods environment is a very sensitive one with much that can affect outcomes but are difficult to control. The many factors interact with each other in unknown ways. Nothing is known for sure. Environments with public goods present a serious challenge even to skilled experimentalists and many opportunities for imaginative work.

JEL-codes: D6 D7 H (search for similar items in EconPapers)
Date: 1994-05-20, Revised 1994-05-22
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Citations: View citations in EconPapers (68)

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Related works:
Working Paper: Public Goods: A Survey of Experimental Research (1997) Downloads
Working Paper: Public Goods: A Survey of Experimental Research Downloads
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