We experiment a mechanism for the provision of a discrete public good where individuals are allowed to update upwards their contribution during a fixed time interval. Experimental evidence shows that subjects increase their contributions in order to finance the cost of the good. The public good is financed more frequently when its cost is low relative to the social ability to pay.
Pavel Diev and Walid Hichri
Classification JEL : C92, H41.
Keywords : Public Goods, Experiments, Voluntary contributions, Dynamic contributions.
Updated on: 06/12/2018 10:59