Journal Article
Selfish-biased Conditional Cooperation: On the Decline of Contributions in Repeated Public Goods Experiments
In the recent literature, several hypotheses have been put forward in order to explain the decline of contributions in repeated public good games. We present results of an experiment which allows to evaluate these hypotheses. The main characteristics of our experimental design are a variation of information feedback and an elicitation of individual beliefs about others’ contributions. Altogether, our data support the hypothesis of conditional cooperation with a selfish bias.
Key Words
- conditional cooperation
- experimental economics
- information feedback
- public goods
- voluntary contributions