Published October 4, 2017
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Public Goods Provision in an Experimental Environment
Abstract
A voluntary contribution process for providing public good finance in a replicating economic environment was studied. Contributions during the first period were on the order of 38 percent of the Lindahl optimum but during later periods contributions decayed to very low levels. Some perturbations of the process involving the announcement of Lindahl prices and the agents' abilities to communicate were also studied.
Additional Information
The substance of this paper was delivered at the Public Choice Society meeting in San Francisco in the spring of 1980. The financial support of the National Science Foundation and the Caltech Program for Enterprise and Public Policy is gratefully acknowledged. Professor Plott also wishes to acknowledge the support of the Guggenheim Foundation and the Center for Advanced Study in the Behavioral Sciences. Published as Isaac, R. Mark, Kenneth F. McCue, and Charles R. Plott. "Public goods provision in an experimental environment." Journal of Public Economics 26.1 (1985): 51-74.Attached Files
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Additional details
- Eprint ID
- 82001
- Resolver ID
- CaltechAUTHORS:20171003-133551530
- NSF
- Caltech Program for Enterprise and Public Policy
- John Simon Guggenheim Foundation
- Center for Advanced Study in the Behavioral Sciences
- Created
-
2017-10-04Created from EPrint's datestamp field
- Updated
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2019-10-03Created from EPrint's last_modified field
- Caltech groups
- Social Science Working Papers
- Series Name
- Social Science Working Paper
- Series Volume or Issue Number
- 428