The role of beliefs, trust, and risk in contributions to a public good

Martin Kocher, Peter Martinsson, Dominik Matzat and Conny Wollbrant

Journal of Economic Psychology, 2015, vol. 51, issue C, 236-244

Abstract: This paper experimentally investigates if and how beliefs, trust, and risk attitudes are associated with cooperative behavior. By applying incentivized elicitation methods to measure these concepts, we find that beliefs about others’ cooperation and trust are positively correlated with cooperation in a public goods game. However, even though contributing to a public good resembles a situation of making decisions under strategic uncertainty, elicited risk preferences do not seem to explain cooperation in a systematic way.

Keywords: Public goods; Cooperation; Risk preferences; Trust; Experiment (search for similar items in EconPapers)
JEL-codes: C91 D03 D64 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (44)

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Related works:
Working Paper: The role of beliefs, trust, and risk in contributions to a public good (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:joepsy:v:51:y:2015:i:c:p:236-244

DOI: 10.1016/j.joep.2015.10.001

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