Alexander Smith, Worcester Polytechnic Institute - September 14, 2018

Posted on 2018-08-24 in News, Events, Upcoming Seminars
Sep 14, 2018



September 14, 2018

Alexander Smith, Worcester Polytechnic Institute, will present a seminar at 4:00 PM in Arts 105


Seminar Title: A Public Good Game with Endogenous Technological Growth (Joint with Jaqueline Ngo)

Abstract: We present a public good game with endogenous technological growth. In the main treatment, subjects collectively invest in augmenting the public good production technology and make individual, voluntary contributions to provision. The level of technology (or “contribution productivity”) is a state variable that grows over time, creating a dynamic link between rounds. Compared to the social optimum, subjects initially underinvest, but ultimately overinvest. Given that gains are not uniform across the income distribution, we conduct two control treatments. In the first, contribution productivity grows exogenously (at a rate that matches the endogenous growth in the main treatment). In the second, there is no technological growthWe conclude that the endogenous growth of the public good production technology serves as a channel by which average earnings rise, driven by the improved outcomes among high performing groups.

This seminar is part of the Department of Economics Seminar Series. Everyone is welcome.

Back to News Listing

Related Articles

Economic havoc expected

Posted on 2020-04-01

"Everybody's going to be cutting back on consumption," said USask economics department head Dr. Joel Bruneau (PhD)


Economics student recognized at Washington conference

Posted on 2020-02-26

Dolapo Fadare is the inaugural recipient of the Award for Excellence in Undergraduate Studies from The Sadie Collective


USask alumna named Consul General of Canada

Posted on 2019-11-25

Rachel McCormick (BA’97), who is now based in Dallas, Texas, previously served as head of the Energy and Environment Section at the Canadian Embassy in Washington, D.C., from 2014 – 2019


J.M. Boving Lecture | December 5 2019 | The Two Faces of Populism: Politics or Economics?

Posted on 2019-11-20

The Two Faces of Populism: Politics or Economics? Presented by Professor Barry Eichengreen, University of California Berkeley, at 5:00pm Arts 241.