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Sequential versus Simultaneous Contributions to Public Goods: Experimental Evidence
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In this paper, the authors compare sequential and simultaneous contributions to a public good in a quasi-linear two-person setting and find that the distribution of contributions is not as predicted: late contributors are sometimes willing to punish early low contributors by contributing less than their best response.Abstract:
We report an experiment comparing sequential and simultaneous contributions to a public good in a quasi-linear two-person setting (Varian, Journal of Public Economics, 1994). Our findings support the theoretical argument that sequential contributions result in lower overall provision than simultaneous contributions. However, the distribution of contributions is not as predicted: late contributors are sometimes willing to punish early low contributors by contributing less than their best response. This induces early contributors to contribute more than they otherwise would. A consequence of this is that we fail to observe a predicted first mover advantage.read more
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References
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z-Tree: Zurich toolbox for ready-made economic experiments
TL;DR: Z-Tree as mentioned in this paper is a toolbox for ready-made economic experiments, which allows programming almost any kind of experiments in a short time and is stable and easy to use.
Journal ArticleDOI
Fairness and Retaliation: The Economics of Reciprocity
Ernst Fehr,Simon Gächter +1 more
TL;DR: The authors discusses the economic implications of reciprocity and shows that a substantial fraction of people behave according to this dictum: people repay gifts and take revenge even in interactions with complete strangers and even if it is costly for them and yields neither present nor future material rewards.
Journal ArticleDOI
Are people conditionally cooperative? Evidence from a public goods experiment
TL;DR: This article studied the importance of conditional cooperation in a one-shot public goods game by using a variant of the strategy-method and found that a third of the subjects can be classified as free riders, whereas 50% are conditional cooperators.
Posted Content
An Online Recruitment System for Economic Experiments
TL;DR: The Online Recruitment System for Economic Experiments (ORSEE) is introduced, which is a free, convenient and very powerful tool to organize their experiments and sessions in a standardized way.
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Social Comparisons and Pro-social Behavior: Testing "Conditional Cooperation" in a Field Experiment
Bruno S. Frey,Stephan Meier +1 more
TL;DR: In this article, a field experiment at the University of Zurich showed that people behave pro-socially, conditional on others, and that the more others cooperate, the more one is inclined to do so as well.
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