In experiments in which participants voluntarily contribute to the provision of a public good, we often find a reduction in contributions in successive rounds of the experiment. We can explain this as A) Evidence of participants reaching satiation and not wanting such high levels of the public good. B) Evidence of participants reducing cooperation to punish free riding. C) Evidence of participants working out the Nash equilibrium outcome of the voluntary contribution game. D) Evidence of participants learning how to play the game more effectively.
In experiments in which participants voluntarily contribute to the provision of a public good, we often find a reduction in contributions in successive rounds of the experiment. We can explain this as A) Evidence of participants reaching satiation and not wanting such high levels of the public good. B) Evidence of participants reducing cooperation to punish free riding. C) Evidence of participants working out the Nash equilibrium outcome of the voluntary contribution game. D) Evidence of participants learning how to play the game more effectively.
Chapter8: Game Theory
Section: Chapter Questions
Problem 8.7P
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In experiments in which participants voluntarily contribute to the provision of a public good, we often find a reduction in contributions in successive rounds of the experiment. We can explain this as
A) Evidence of participants reaching satiation and not wanting such high levels of the public good.
B) Evidence of participants reducing cooperation to punish free riding.
C) Evidence of participants working out the Nash equilibrium outcome of the voluntary contribution game.
D) Evidence of participants learning how to play the game more effectively.
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