PUBLIC GOODS GAMES WITH COSTLY SWITCHING FROM A STATUS QUO

Authors : Begüm GÜNEY

Pages : 43-50

Doi:10.14780/muiibd.434948

View : 19 | Download : 11

Publication Date : 2018-06-27

Article Type : Research Paper

Abstract :We apply Guney and Richter’s insert ignore into journalissuearticles values(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