The consequences of a refund in threshold public good games

C-Tier
Journal: Economics Letters
Year: 2015
Volume: 134
Issue: C
Pages: 29-33

Authors (2)

Cartwright, Edward (De Montfort University) Stepanova, Anna (not in RePEc)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We revisit the question of whether a refund increases efficiency in threshold public good games. New experimental evidence is presented on the effect of endowment size. We demonstrate that a refund increases efficiency if and only if the endowment is small relative to the threshold. We also propose a novel way to analyze the effect of a refund. Specifically, we argue that a refund increases efficiency only if significantly many groups converge towards zero contributions in the absence of a refund.

Technical Details

RePEc Handle
repec:eee:ecolet:v:134:y:2015:i:c:p:29-33
Journal Field
General
Author Count
2
Added to Database
2026-01-25