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Journal of Economic Perspectives: Vol. 11 No. 4 (Fall 1997)
JEP Volume. 11, Issue 4 |
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Classroom Games: Voluntary Provision of a Public Good
Article Citation
Holt, Charles A., and
Susan K. Laury. 1997. "Classroom Games: Voluntary Provision of a Public Good."
Journal of Economic Perspectives,
11(4): 209-215.
DOI: 10.1257/jep.11.4.209
DOI: 10.1257/jep.11.4.209
Abstract
This paper describes a simple public goods game, implemented with playing cards in a classroom setup. Students choose whether to contribute to the provision of a public good in a situation where it is privately optimal not to contribute, but socially optimal to contribute fully. This exercise motivates discussion of altruism, strategies for private fund-raising, and the role of government in resolving the public good problem.
Article Full-Text Access
Full-text Article (Complimentary)
Authors
Holt, Charles A. (U VA)
Laury, Susan K. (U SC)
Laury, Susan K. (U SC)
JEL Classifications
H41: Public Goods
D64: Altruism
D64: Altruism
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