Conditional cooperation in two public goods games: the weakest link and the VCM

R. Croson, Enrique Fatas, T. Neugebauer

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80 Citations (Scopus)

Abstract

Experimental and empirical evidence identifies social preferences and proposes competing models of such preferences. We find that participants match the contributions of others in the voluntary contribution mechanism (VCM). We also examine a game with different equilibria, the weakest link mechanism (WLM). Here, in contrast, participants match the minimum contribution of others.
Original languageEnglish
Pages (from-to)95-101
Number of pages7
JournalEconomics Letters
Volume87
Issue number1
DOIs
Publication statusPublished - 2005

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