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The Experimetrics of Public Goods: Inferring Motivations from Contributions

Nicholas Bardsley and Peter Moffatt

No 2005-09, Discussion Papers from The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham

Abstract: In public goods experiments, stochastic choice, censoring, and motivational heterogeneity allow experimentalists to differ over the extent of unselfishness, and whether it is reciprocal or altruistic. These problems are addressed econometrically by estimating a finite mixture model to isolate types, incorporating the two-limit Tobit model with tremble to accommodate censoring and errors. Most subjects act selfishly, but a substantial proportion are reciprocal with altruism playing only a marginal role. Isolating reciprocators enables a test of Sugden’s model of voluntary contributions, which is rejected because they display a selfserving bias.

Keywords: voluntary contributions; reciprocity; altruism; tobit; finite mixture models; trembles (search for similar items in EconPapers)
JEL-codes: C1 C9 H4 (search for similar items in EconPapers)
Date: 2005-06
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Citations: View citations in EconPapers (10)

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Journal Article: The Experimetrics of Public Goods: Inferring Motivations from Contributions (2007) Downloads
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