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What do laboratory experiments on the free-rider problem show?   People do not contribute anything to the public good People contribute to the public good, but less than is optimal People contribute the optimal amount to the public good

What do laboratory experiments on the free-rider problem show?   People do not contribute anything to the public good People contribute to the public good, but less than is optimal People contribute the optimal amount to the public good

Essentials of Economics (MindTap Course List)
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter11: Public Goods And Common Resources
Section11.2: Public Goods
Problem 2QQ
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What do laboratory experiments on the free-rider problem show?

 

  1. People do not contribute anything to the public good
  2. People contribute to the public good, but less than is optimal
  3. People contribute the optimal amount to the public good
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