The effect of group size on public good provision in a repeated game setting : an experimental study

Park, Anna Bernadette. (2000). The effect of group size on public good provision in a repeated game setting : an experimental study Honours Thesis, School of Economics, The University of Queensland.

       
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Author Park, Anna Bernadette.
Thesis Title The effect of group size on public good provision in a repeated game setting : an experimental study
School, Centre or Institute School of Economics
Institution The University of Queensland
Publication date 2000-01-01
Thesis type Honours Thesis
Total pages 86
Language eng
Subjects 14 Economics
Formatted abstract
Economic theory' suggests, in general, that 'free rider' behavior in the voluntary provision of public good is likely to become more pronounced for larger groups. However, econometric and experimental evidence is mixed, often showing higher levels of cooperation than predicted by theory. By adding a time dimension using an infinitely horizon n-person repeated game, Pecorino (1999) shows that where a trigger strategy is used cooperation is theoretically feasible in large markets. A detailed exposition of Pecorino's model of public good provision is presented. In addition, an experiment was conducted to test these findings by examining the effects of changes in group size and discount factor on the voluntary level of public good provision.

Document type: Thesis
Collection: UQ Theses (non-RHD) - UQ staff and students only
 
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Created: Tue, 30 Nov 2010, 22:51:28 EST by Ning Jing on behalf of The University of Queensland Library