Palfrey, Thomas R. and Prisbrey, Jeffrey E. (1993) Anomalous Behavior in Linear Public Goods Experiments: How Much and Why? Social Science Working Paper, 833. California Institute of Technology , Pasadena, CA. (Unpublished) https://resolver.caltech.edu/CaltechAUTHORS:20170825-153319388
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Abstract
We report the results of voluntary contributions experiments where subjects are randomly assigned constant marginal rates of substitution between the public and the private good. These random assignments a.re changed after each decision period. The design allows us to measure the response functions of the players in much the same way that bidding functions can be measured in private good, sealed-bid auction experiments. The results are quite different from the results of others in environments with little or no heterogeneity. We see much more free riding, very little evidence of decay across periods, and only sparse evidence of anomalous behavior such as splitting, spite, and decay.
Item Type: | Report or Paper (Working Paper) | ||||||
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Additional Information: | The financial support of the National Science Foundation is gratefully acknowledged. We thank John Ledyard for his comments on an earlier draft, and Mark Isaac and Jimmy Walker for sharing their data and for offering many helpful suggestions and comments. Published as Palfrey, Thomas R. and Prisbrey, Jeffrey E. (1997) Anomalous Behavior in Linear Public Goods Experiments: How Much and why? American Economic Review, 87 (5). pp. 829-846. | ||||||
Group: | Social Science Working Papers | ||||||
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Subject Keywords: | Voluntary contributions, public goods, experiments | ||||||
Series Name: | Social Science Working Paper | ||||||
Issue or Number: | 833 | ||||||
Classification Code: | JEL: 026, 215 | ||||||
Record Number: | CaltechAUTHORS:20170825-153319388 | ||||||
Persistent URL: | https://resolver.caltech.edu/CaltechAUTHORS:20170825-153319388 | ||||||
Usage Policy: | No commercial reproduction, distribution, display or performance rights in this work are provided. | ||||||
ID Code: | 80814 | ||||||
Collection: | CaltechAUTHORS | ||||||
Deposited By: | Jacquelyn Bussone | ||||||
Deposited On: | 28 Aug 2017 20:46 | ||||||
Last Modified: | 22 Nov 2019 09:58 |
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