Dynamic Contributions to a Public Project: The Impact of Rising Marginal Benefit and Completion Benefits
Many public projects are funded in a dynamic manner in which contributors are able to make gradual increases in contributions and condition additional contributions on the cooperation of others. This study presents results from experiments in which subjects with an initial fixed endowment make contr...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2018-07-01
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Series: | Games |
Subjects: | |
Online Access: | http://www.mdpi.com/2073-4336/9/3/43 |