The conditional contribution mechanism for repeated public goods - The general case [Data & Replication package]
<|begin_of_text|><|start_header_id|>system<|end_header_id|> You are a research archivist expert in dataset metadata. Answer the question truthfully.  <|eot_id|><|start_header_id|>user<|end_header_id|> Here is the Description of a dataset. Description:'We present a new and simple mechanism for repeated public good environments. In the Conditional Contribution Mechanism (CCM), agents send two messages of the form, “I am willing to contribute x units to the public good if in total y units are contributed.” This mechanism offers agents risk-free strategies, which we call unexploitable. Our main theorem states that all outcomes of the CCM will eventually be Pareto efficient if agents choose unexploitable better responses. We conduct a laboratory experiment to investigate whether observed behavior is consistent with this prediction. In the complete information case we find that indeed almost 80% of outcomes are Pareto optimal. Furthermore, in comparison to the Voluntary Contribution Mechanism, the CCM leads to significantly higher contribution rates. Even under incomplete information, cont' . Please return only a json list of at most 3 Keywords corresponding to the Description:.<|eot_id|><|start_header_id|>assistant<|end_header_id|> {"Answer" : ["Better response dynamics","Experiment","Mechanism design","Public goods"]} <|eot_id|>
 Here is the Description of a dataset. Description:'We present a new and simple mechanism for repeated public good environments. In the Conditional Contribution Mechanism (CCM), agents send two messages of the form, “I am willing to contribute x units to the public good if in total y units are contributed.” This mechanism offers agents risk-free strategies, which we call unexploitable. Our main theorem states that all outcomes of the CCM will eventually be Pareto efficient if agents choose unexploitable better responses. We conduct a laboratory experiment to investigate whether observed behavior is consistent with this prediction. In the complete information case we find that indeed almost 80% of outcomes are Pareto optimal. Furthermore, in comparison to the Voluntary Contribution Mechanism, the CCM leads to significantly higher contribution rates. Even under incomplete information, cont' . Please return only a json list of at most 3 Keywords corresponding to the Description:.
We present a new and simple mechanism for repeated public good environments. In the Conditional Contribution Mechanism (CCM), agents send two messages of the form, “I am willing to contribute x units to the public good if in total y units are contributed.” This mechanism offers agents risk-free strategies, which we call unexploitable. Our main theorem states that all outcomes of the CCM will eventually be Pareto efficient if agents choose unexploitable better responses. We conduct a laboratory experiment to investigate whether observed behavior is consistent with this prediction. In the complete information case we find that indeed almost 80% of outcomes are Pareto optimal. Furthermore, in comparison to the Voluntary Contribution Mechanism, the CCM leads to significantly higher contribution rates. Even under incomplete information, cont
Better response dynamics; Experiment; Mechanism design; Public goods