English, Article, Journal or magazine article edition: Competition for status acquisition in public good games Felix Munoz-Garcia

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Bookmark: http://trove.nla.gov.au/version/47529
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Competition for status acquisition in public good games
Author
  • Felix Munoz-Garcia
Physical Description
  • preprint
Notes
  • This paper examines the role of status acquisition as a motive for giving in voluntary contri- butions to public goods. In particular, every donor's status is given by the difference between his contribution and that of the other donor. Specifically, I show that contributors give more than in standard models where status is not considered, and their donation is increasing in the value they assign to status. In addition, players'contributions are increasing in the value that their opponents assign to status, reflecting donors' intense competition to gain social status. Furthermore, I consider contributors'equilibrium strategies both in simultaneous and sequen- tial contribution mechanisms. Then, I compare total contributions in both of these mechanisms. I find that the simultaneous contribution order generates higher total contributions than the sequential mechanism only when donors are sufficiently homogeneous in the value they assign to status. Otherwise, the sequential mechanism generates the highest contributions. Updated 6-03-09.
  • Public goods games, Status acquisition, Competition.
  • RePEc:wsu:wpaper:munoz-2
Language
  • English
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