Investing Time in the Public Good: A Web-based Threshold Public Good Experiment
In traditional public good experiments participants receive an endowment from the experimenter that can be invested in a public good or kept in a private account. In this paper we present an experimental environment that uses participants time as their natural endowment, which can be invested in the public good experiment. The experiment runs for several days and participants can make contributions to the threshold public good by logging into a web application and performing virtual actions.