Figure G.2: Instructions for the Voluntary Contribution Mechanism. Example for the info treatment and a prior of µ = 0.75.

Figure G.2: Instructions for the Voluntary Contribution Mechanism. Example for the info treatment and a prior of µ = 0.75.

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Can strategic information acquisition harm the provision of a public good? We investigate this question in an incentivized online experiment with a large sample of the German population. The marginal returns of the public good are uncertain: it is either socially efficient to contribute or not. In the information treatment, participants can choose...