Does Uncertainty Deter Provision of Public Goods?
Béatrice Boulu-Reshef
- Fonction : Auteur
- PersonId : 1168206
- ORCID : 0000-0001-6265-2926
- IdRef : 170522083
Adam Zylbersztejn
- Fonction : Auteur
- PersonId : 172015
- IdHAL : adam-zylbersztejn
- ORCID : 0000-0001-6987-3190
- IdRef : 148483631
Résumé
We study a finitely repeated public goods game (based on the voluntary contribution mechanism) played under complete uncertainty about the marginal benefit of the public good relative to the private consumption (commonly known as the marginal per capita return): neither one's marginal per capita return nor other players' marginal per capita returns are known at the time of decisionmaking. We show that contributions are equivalent when the rate of return is predetermined and
when it is uncertain, and display a similar decay over time. Combined with the previous experimental findings, our results suggest that the cooperation in public goods games is sensitive to the source of uncertainty about marginal per capita return.
Domaines
Economies et financesFormat du dépôt | Notice |
---|---|
Type de dépôt | Article dans une revue |
Titre |
en
Does Uncertainty Deter Provision of Public Goods?
|
Résumé |
en
We study a finitely repeated public goods game (based on the voluntary contribution mechanism) played under complete uncertainty about the marginal benefit of the public good relative to the private consumption (commonly known as the marginal per capita return): neither one's marginal per capita return nor other players' marginal per capita returns are known at the time of decisionmaking. We show that contributions are equivalent when the rate of return is predetermined and
when it is uncertain, and display a similar decay over time. Combined with the previous experimental findings, our results suggest that the cooperation in public goods games is sensitive to the source of uncertainty about marginal per capita return.
|
Auteur(s) |
Béatrice Boulu-Reshef
1
, Samuel H. Brott
2
, Adam Zylbersztejn
3
1
CES -
Centre d'économie de la Sorbonne
( 15080 )
- Maison des Sciences Économiques - 106-112 Boulevard de l'Hôpital - 75647 Paris Cedex 13
- France
2
Berkeley Research Group, LLC
( 466387 )
- 2200 Powell Street, Suite 1200, Emeryville, CA 94608
- États-Unis
3
GATE Lyon Saint-Étienne -
Groupe d'Analyse et de Théorie Economique Lyon - Saint-Etienne
( 102550 )
- 93, chemin des Mouilles 69130 Écully
6, rue Basse des Rives 42023 Saint-Étienne cedex 02
- France
|
Langue du document |
Anglais
|
Nom de la revue |
|
Vulgarisation |
Non
|
Comité de lecture |
Oui
|
Audience |
Internationale
|
Volume |
68
|
Numéro |
5
|
Date de publication |
2017-09
|
Date de publication électronique |
2017-09
|
Titre de la collection |
Développements récents de l’économie comportementale et expérimentale
|
Page/Identifiant |
785-791
|
URL éditeur |
http://www.pressesdesciencespo.fr/fr/revues/revueeconomique/
|
Mots-clés (JEL) |
|
Domaine(s) |
|
Projet(s) ANR |
|
Mots-clés |
en
Cooperation, uncertainty, voluntary contribution mechanism, public good, expected return
|
DOI | 10.3917/reco.pr3.0087 |
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