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Does aversion to the sucker's payoff matter in public goods games?

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Author Info
Douadia Bougherara
Sandrine Costa
Gilles Grolleau
Lisette Ibanez

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Abstract

A usual explanation to low levels of contribution to public goods is the fear of getting the sucker’s payoff (cooperation by the participant and defection by the other players). In order to disentangle the effect of this fear from other motives, we design a public good game where people have an assurance against getting the sucker’s payoff. We show that contributions to the public good under this ‘protective’ design are significantly higher and interact with expectations on other individuals' contribution to the public good. Some policy implications and extensions are suggested.

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File URL: http://www.rennes.inra.fr/smart/content/download/3152/32372/version/1/file/WP+SMART+LERECO+09-08.pdf
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Paper provided by INRA UMR SMART in its series Working Papers SMART - LERECO with number 200908.

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Date of creation: 2009
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Handle: RePEc:rae:wpaper:200908

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Related research
Keywords: Experiments; Public good; Sucker’s payoff; Assurance;

Find related papers by JEL classification:
C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
H41 - Public Economics - - Publicly Provided Goods - - - Public Goods

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  1. Cason, Timothy N. & Gangadharan, Lata, 2002. "Environmental Labeling and Incomplete Consumer Information in Laboratory Markets," Journal of Environmental Economics and Management, Elsevier, vol. 43(1), pages 113-134, January. [Downloadable!] (restricted)
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This page was last updated on 2009-10-23.


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