Date Thesis Awarded

5-2014

Document Type

Honors Thesis

Degree Name

Bachelors of Arts (BA)

Department

Economics

Advisor

Lisa Anderson

Committee Member

Rob Hicks

Committee Member

Christopher Freiman

Abstract

In our experiment, we have a multiple-round public goods game but with a probabilistic endpoint. This changes the Nash equilibrium, such that cooperation is the new equilibrium strategy. The experiment consists of two treatments, one with a single round per session (called the intertemporal treatment), and the second with multiple rounds per session. Experimental results suggest that contribution was indeed positive and consistent provided a high enough probability of the game’s continuation, but declined when probability fell.