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Dynamic voluntary contributions to a discrete public good: Experimental evidence

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  • Diev, P.
  • Hichri, W.

Abstract

We experiment a mechanism for the provision of a discrete public good where individuals are allowed to update upwards their contribution during a fixed time interval. Experimental evidence shows that subjects increase their contributions in order to finance the cost of the good. The public good is financed more frequently when its cost is low relative to the social ability to pay.
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Suggested Citation

  • Diev, P. & Hichri, W., 2008. "Dynamic voluntary contributions to a discrete public good: Experimental evidence," Working papers 214, Banque de France.
    • Handle: RePEc:bfr:banfra:214
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    References listed on IDEAS

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    1. M. Vittoria Levati & Tibor Neugebauer, 2004. "An Application of the English Clock Market Mechanism to Public Goods Games," Experimental Economics, Springer;Economic Science Association, vol. 7(2), pages 153-169, June.
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    7. Gradstein, Mark, 1992. "Time Dynamics and Incomplete Information in the Private Provision of Public Goods," Journal of Political Economy, University of Chicago Press, vol. 100(3), pages 581-597, June.
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    Cited by:

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    More about this item

    Keywords

    Public Goods ; Experiments ; Voluntary contributions ; Dynamic contributions.;
    All these keywords.

    JEL classification:

    • C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior
    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods

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