Anomalous Behavior in Linear Public Goods Experiments: How Much and Why?
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.
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.
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Additional details
- Eprint ID
- 80814
- Resolver ID
- CaltechAUTHORS:20170825-153319388
- NSF
- Caltech groups
- Social Science Working Papers
- Series Name
- Social Science Working Paper
- Series Volume or Issue Number
- 833
- Other Numbering System Name
- Social Science Working Paper
- Other Numbering System Identifier
- 833
- Publication Status
- Submitted