Riyanto, Yohanes E. and Roy, Nilanjan (2017): It's your turn: experiments with three-player public good games.
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Abstract
We report results from experiments designed to investigate the prevalence of turn-taking in three-person finitely repeated threshold public good games without communication. Individuals can each make a discrete contribution. If the number of contributors is at least equal to the threshold, a public benefit accrues to all group members. Players take turns to provide the public good each round when the endowments are homogeneous. When the turn-taking path is at odds with efficiency or under private information of endowments, players seldom engage in taking turns. An endogenous-move protocol limits the frequency of mis-coordinated outcomes every round.
Item Type: | MPRA Paper |
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Original Title: | It's your turn: experiments with three-player public good games |
English Title: | It's your turn: experiments with three-player public good games |
Language: | English |
Keywords: | Public good provision, Turn-taking, Repeated game, Endogenous move, Experiment |
Subjects: | C - Mathematical and Quantitative Methods > C7 - Game Theory and Bargaining Theory > C72 - Noncooperative Games C - Mathematical and Quantitative Methods > C9 - Design of Experiments > C92 - Laboratory, Group Behavior D - Microeconomics > D0 - General > D03 - Behavioral Microeconomics: Underlying Principles D - Microeconomics > D8 - Information, Knowledge, and Uncertainty > D82 - Asymmetric and Private Information ; Mechanism Design H - Public Economics > H4 - Publicly Provided Goods > H41 - Public Goods |
Item ID: | 76565 |
Depositing User: | Dr. Nilanjan Roy |
Date Deposited: | 04 Feb 2017 08:36 |
Last Modified: | 01 Oct 2019 15:00 |
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URI: | https://mpra.ub.uni-muenchen.de/id/eprint/76565 |