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Public Goods Provision in an Experimental Environment

Isaac, R. Mark and McCue, Kenneth F. and Plott, Charles R. (1982) Public Goods Provision in an Experimental Environment. Social Science Working Paper, 428. California Institute of Technology , Pasadena, CA. (Unpublished)

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A voluntary contribution process for providing public good finance in a replicating economic environment was studied. Contributions during the first period were on the order of 38 percent of the Lindahl optimum but during later periods contributions decayed to very low levels. Some perturbations of the process involving the announcement of Lindahl prices and the agents' abilities to communicate were also studied.

Item Type:Report or Paper (Working Paper)
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Additional Information:The substance of this paper was delivered at the Public Choice Society meeting in San Francisco in the spring of 1980. The financial support of the National Science Foundation and the Caltech Program for Enterprise and Public Policy is gratefully acknowledged. Professor Plott also wishes to acknowledge the support of the Guggenheim Foundation and the Center for Advanced Study in the Behavioral Sciences. Published as Isaac, R. Mark, Kenneth F. McCue, and Charles R. Plott. "Public goods provision in an experimental environment." Journal of Public Economics 26.1 (1985): 51-74.
Group:Social Science Working Papers
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Caltech Program for Enterprise and Public PolicyUNSPECIFIED
John Simon Guggenheim FoundationUNSPECIFIED
Center for Advanced Study in the Behavioral SciencesUNSPECIFIED
Series Name:Social Science Working Paper
Issue or Number:428
Record Number:CaltechAUTHORS:20171003-133551530
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Usage Policy:No commercial reproduction, distribution, display or performance rights in this work are provided.
ID Code:82001
Deposited By: Jacquelyn Bussone
Deposited On:04 Oct 2017 19:20
Last Modified:03 Oct 2019 18:49

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