Classroom Games: Voluntary Provision of a Public Good

Author:

Holt Charles A1,Laury Susan K2

Affiliation:

1. Professor of Economics, University of Virginia, Charlottesville, Virginia.

2. Assistant Professor of Economics, University of South Carolina, Columbia, South Carolina.

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.

Publisher

American Economic Association

Subject

Economics and Econometrics,Economics and Econometrics

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