One bad apple spoils the barrel? Public good provision under threshold uncertainty
通过实验室实验,研究了阈值位置不确定时自愿提供阈值公共品的行为,发现不确定性对最弱链接技术下的阈值达成尤为不利,而承诺可改善达成概率。
Abstract We report laboratory evidence on the voluntary provision of threshold public goods when the exact location of the threshold is not known. Our experimental treatments explicitly compare two prominent technologies, summation, and weakest link. Uncertainty in threshold location is particularly detrimental to threshold attainment under weakest link, where low contributions by one subject cannot be compensated by others. In contrast, threshold uncertainty does not affect contributions under summation. We demonstrate that non-binding pledges improve the chances of threshold attainment under both technologies, particularly under weakest link.