- Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi
- Vol: 40 Issue: 1
- PUBLIC GOODS GAMES WITH COSTLY SWITCHING FROM A STATUS QUO
PUBLIC GOODS GAMES WITH COSTLY SWITCHING FROM A STATUS QUO
Authors : Begüm Güney
Pages : 43-50
Doi:10.14780/muiibd.434948
View : 9 | Download : 3
Publication Date : 2018-06-27
Article Type : Research
Abstract :We apply Guney and Richter’s (2016) choice model of costly switching from a status quo to public goods games. We find that non-zero contribution into the public good can be optimal under a status quo contribution level. Moreover, intermediate contribution levels are no longer optimal if the switching cost depends only on the status quo contribution level but not on the contribution level the agent switches to.Keywords : Public Goods Game, Contribution, Switching Cost