Efficiency in a forced contribution threshold public good game'
Date
2017-03-04
Authors
Advisors
Journal Title
Journal ISSN
ISSN
0020-7276
Volume Title
Publisher
Springer
Type
Article
Peer reviewed
Yes
Abstract
We contrast and compare three ways of predicting efficiency in a forced contribution threshold public good game. The three alternatives are based on ordinal potential, quantal response and impulse balance theory. We report an experiment designed to test the respective predictions and find that impulse balance gives the best predictions. A simple expression detailing when enforced contributions result in high or low efficiency is provided.
Description
open access article
Keywords
Public good, threshold, impulse balance theory, quantal response, forced contribution, ordinal potential
Citation
Cartwright, E. and Stepanova, A. (2017) Efficiency in a forced contribution threshold public good game. International Journal of Game Theory, 46(4), pp.1163-1191.