Accepted author manuscript, 985 KB, PDF document
Available under license: CC BY: Creative Commons Attribution 4.0 International License
Final published version
Research output: Contribution to Journal/Magazine › Journal article › peer-review
<mark>Journal publication date</mark> | 12/06/2024 |
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<mark>Journal</mark> | Experimental Economics |
Publication Status | E-pub ahead of print |
Early online date | 12/06/24 |
<mark>Original language</mark> | English |
Gallice and Monzón (Econ J 129(621):2137–2154, 2019) present present a natural environment that sustains full co-operation in one-shot social dilemmas among a finite number of self-interested agents. They demonstrate that in a sequential public goods game, where agents lack knowledge of their position in the sequence but can observe some predecessors’ actions, full contribution emerges in equilibrium due to agents’ incentive to induce potential successors to follow suit. In this study, we aim to test the theoretical predictions of this model through an economic experiment. We conducted three treatments, varying the amount of information about past actions that a subject can observe, as well as their positional awareness. Through rigorous structural econometric analysis, we found that approximately 25% of the subjects behaved in line with the theoretical predictions. However, we also observed the presence of alternative behavioural types among the remaining subjects. The majority were classified as conditional co-operators, showing a willingness to cooperate based on others’ actions. Some subjects exhibited altruistic tendencies, while only a small minority engaged in free-riding behaviour.