Arbeitspapier
Experimental investigations of binary threshold public good games
In Binary Threshold Public Good (BTPG) games n players contribute or not to the production of a public good which is produced if and only if there are at least k contributors. The BTPG games with the highest (k=n) and the lowest (k=1) threshold are the Stag Hunt game and the Volunteer's Dilemma. There is a plethora of equilibria in BTPG games. We experimentally investigate 16 different symmetric and asymmetric BTPG games with n=4 and k=1,2,3,4 and test general theoretical attributes of equilibria and whether equilibrium play can apply at all. As theory predicts, neither magnitude effects nor a negative instead of a positive frame affect behavior which is contrary to the bulk of the experimental literature. In the Stag Hunt game, which is often used to discriminate between payoff dominance and risk dominance, risk dominance as a description of behavior is clearly rejected and payoff dominance is moderately supported. We show that no theory with homogeneous players can describe behavior.
- Sprache
-
Englisch
- Erschienen in
-
Series: Discussion Paper ; No. 393
- Klassifikation
-
Wirtschaft
Noncooperative Games
Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
Public Goods
- Thema
-
Binary Threshold Public Goods
framing
equilibrium selection
payoff dominance
risk dominance
efficiency
experiment
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Spiller, Jörg
Bolle, Friedel
- Ereignis
-
Veröffentlichung
- (wer)
-
European University Viadrina, Department of Business Administration and Economics
- (wo)
-
Frankfurt (Oder)
- (wann)
-
2017
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Spiller, Jörg
- Bolle, Friedel
- European University Viadrina, Department of Business Administration and Economics
Entstanden
- 2017
Ähnliche Objekte (12)
Not efficient but payoff dominant: Experimental investigations of equilibrium play in binary threshold public good games
Are weighted games sufficiently good for binary voting?
Are weighted games sufficiently good for binary voting?
Meet Me at the Threshold - Asymmetric Preferences in a Threshold Public Goods Game
Coordination under threshold uncertainty in a public goods game
Voting and Equilibrium Selection in Threshold Public Goods Games
Efficiency in a forced contribution threshold public good game
Coordination under threshold uncertainty in a public goods game
Voting and transfer payments in a threshold public goods game
Success rates in simplified threshold public goods games: A theoretical model
Gender and culture in a threshold public goods game: Japan versus Canada
Voting on contributions to a threshold public goods game: An experimental investigation
Not efficient but payoff dominant: Experimental investigations of equilibrium play in binary threshold public good games
Are weighted games sufficiently good for binary voting?
Are weighted games sufficiently good for binary voting?
Meet Me at the Threshold - Asymmetric Preferences in a Threshold Public Goods Game
Coordination under threshold uncertainty in a public goods game
Voting and Equilibrium Selection in Threshold Public Goods Games
Efficiency in a forced contribution threshold public good game
Coordination under threshold uncertainty in a public goods game
Voting and transfer payments in a threshold public goods game
Success rates in simplified threshold public goods games: A theoretical model
Gender and culture in a threshold public goods game: Japan versus Canada
Voting on contributions to a threshold public goods game: An experimental investigation
Not efficient but payoff dominant: Experimental investigations of equilibrium play in binary threshold public good games
Are weighted games sufficiently good for binary voting?
Are weighted games sufficiently good for binary voting?
Meet Me at the Threshold - Asymmetric Preferences in a Threshold Public Goods Game
Coordination under threshold uncertainty in a public goods game
Voting and Equilibrium Selection in Threshold Public Goods Games
Efficiency in a forced contribution threshold public good game
Coordination under threshold uncertainty in a public goods game
Voting and transfer payments in a threshold public goods game
Success rates in simplified threshold public goods games: A theoretical model
Gender and culture in a threshold public goods game: Japan versus Canada