The role of beliefs, trust, and risk in contributions to a public good
Martin Kocher (),
Dominik Matzat and
Conny Wollbrant ()
Journal of Economic Psychology, 2015, vol. 51, issue C, 236-244
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)
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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
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