Continuous time and communication in a public-goods experiment

@article{Oprea2014ContinuousTA,
  title={Continuous time and communication in a public-goods experiment},
  author={R. Oprea and G. Charness and D. Friedman},
  journal={Journal of Economic Behavior and Organization},
  year={2014},
  volume={108},
  pages={212-223}
}
  • R. Oprea, G. Charness, D. Friedman
  • Published 2014
  • Economics
  • Journal of Economic Behavior and Organization
  • We investigate the nature of continuous-time strategic interactions in public-goodsgames. In one set of treatments, four subjects make contribution decisions in continuous timewhile in another they make them only at discrete points of time. The effect of continuous timeis muted in public-goods games compared to simpler social dilemmas; the data suggest thatwidespread coordination problems are to blame. With a rich communication protocol, thesecoordination problems disappear and the median… CONTINUE READING
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