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Unraveling Public Good Games

Author

Listed:
  • Pablo Brañas-Garza

    (Department of Economic Theory and Economic History, University of Granada.)

  • María Paz Espinosa

    (Universidad del País Vasco)

Abstract

This paper provides experimental evidence on how players predict end game effects in a linear public good game. Our regression analysis yields a measure of the relative importance of priors and signals on subjects’ beliefs and let us conclude that, first, the weight of the signal is relatively unimportant, while priors have a large weight and, second, priors are the same for all periods. Hence, subjects do not expect end game effects and they do very little updating of beliefs.

Suggested Citation

  • Pablo Brañas-Garza & María Paz Espinosa, 2008. "Unraveling Public Good Games," ThE Papers 08/01, Department of Economic Theory and Economic History of the University of Granada..
  • Handle: RePEc:gra:wpaper:08/01
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    References listed on IDEAS

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    Cited by:

    1. Ananish Chaudhuri, 2018. "Belief Heterogeneity and the Restart Effect in a Public Goods Game," Games, MDPI, vol. 9(4), pages 1-20, November.
    2. Elsenbroich, Corinna & Payette, Nicolas, 2020. "Choosing to cooperate: Modelling public goods games with team reasoning," Journal of choice modelling, Elsevier, vol. 34(C).
    3. Pablo Brañas-Garza & Olusegun A. Oyediran & M.Fernanda Rivas, 2010. "An experimental test of prejudice about foreign people," ThE Papers 10/04, Department of Economic Theory and Economic History of the University of Granada..
    4. Maho Nakagawa & Mathieu Lefebvre & Anne Stenger, 2022. "Long-lasting effects of incentives and social preference: A public goods experiment," Post-Print hal-03777681, HAL.
    5. Coralio Ballester & Pablo Brañas-Garza & María Paz Espinosa, 2008. "Peer effects in public contributions: theory and experimental evidence," ThE Papers 08/04, Department of Economic Theory and Economic History of the University of Granada..

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    More about this item

    Keywords

    public good game; end game effect; beliefs.;
    All these keywords.

    JEL classification:

    • C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
    • D64 - Microeconomics - - Welfare Economics - - - Altruism; Philanthropy; Intergenerational Transfers
    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods

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