Question
After your instructor has revealed the total payoffs from round 1, let's try this again and see how many of you have caught on to
After your instructor has revealed the total payoffs from round 1, let's try this again and see how many of you have caught on to the public goods financing dilemma!
Again assume you have the $5 to spend and enter your answers regarding how much money you will keep and how much will you contribute the the public goods fund. Your instructor will provide the final total payoff after all entries have been received.
Round 2:
(a) Dollars left from the initial $5 ________
(b) Amount contributed to the Matching Fund: ________
Round 2 Payoff: a + b (from the matching fund)
round 1 (a) I would donate $3 to initially and keep the remaining $2 with me (b) The amount in matching fund becomes double of what I contribute, so amount in matching fund would be $6
After your instructor has revealed the total payoffs from round 1, let's try this again and see how many of you have caught on to the public goods financing dilemma!
Again assume you have the $5 to spend and enter your answers regarding how much money you will keep and how much will you contribute the the public goods fund. Your instructor will provide the final total payoff after all entries have been received.
Round 2:
(a) Dollars left from the initial $5 ________
(b) Amount contributed to the Matching Fund: ________
Round 2 Payoff: a + b (from the matching fund)
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