Replication data for: The Dynamic Free Rider Problem: A Laboratory Study

Principal Investigator(s): View help for Principal Investigator(s) Marco Battaglini; Salvatore Nunnari; Thomas R. Palfrey

Version: View help for Version V1

Name	File Type	Size	Last Modified
bnp_dyngvc_data			10/12/2019 10:45:PM
LICENSE.txt	text/plain	14.6 KB	10/12/2019 06:45:PM

Project Citation:

Battaglini, Marco, Nunnari, Salvatore, and Palfrey, Thomas R. Replication data for: The Dynamic Free Rider Problem: A Laboratory Study. Nashville, TN: American Economic Association [publisher], 2016. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-12. https://doi.org/10.3886/E114341V1

Project Description

Summary: We report the results of an experiment that investigates free riding in the accumulation of durable public goods. We consider economies with reversibility, where contributions can be positive or negative; and economies with irreversibility, where contributions are nonnegative. Aggregate outcomes support the qualitative predictions of the Markov Perfect Equilibria (MPE) characterized in Battaglini, Nunnari, and Palfrey (2014): steady state levels of public good are lower with reversibility than irreversibility; accumulation is inefficiently slow; and the public good is under-provided in both regimes. On the other hand, public good levels are higher than MPE, and some evidence of history dependence is detected.

Scope of Project

JEL Classification:
C91 Design of Experiments: Laboratory, Individual
H41 Public Goods

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V1 [2019-10-12]

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