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Nash as an Organizing Principle in the Voluntary Provision of Public Goods: Experimental Evidence

Published online by Cambridge University Press:  14 March 2025

R. Mark Isaac
Affiliation:
Department of Economics, University of Arizona
James M. Walker
Affiliation:
Department of Economics, Workshop in Political Theory and Policy Analysis, Indiana University

Abstract

Experiments are reported that add to the growing literature on the voluntary provision of public goods. Information conditions are manipulated to address whether early findings of above-equilibrium contributions to a public good are a result of complete information regarding the symmetry of the game. No significant information effect was found. Further, by examining designs with an interior Nash equilibrium, this research suggests that the nonzero contributions observed in the previous dominant strategy environments, where the prediction was a zero level of provision of the public good, were not simply transitional errors as the system converged to a boundary equilibrium.

Type
Research Article
Copyright
Copyright © 1998 Economic Science Association

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