Use of data on planned contributions and stated beliefs in the measurement of social preferences

Anna Conte and Maria Levati

Theory and Decision, 2014, vol. 76, issue 2, 223 pages

Abstract: In a series of one-shot linear public goods game, we ask subjects to report their contributions, their contribution plans for the next period, and their first-order beliefs about their present and future partner. We estimate subjects’ preferences from plan data by a finite mixture approach and compare the results with those obtained from contribution data. Controlling for beliefs, which incorporate the information about the others’ decisions, we are able to show that plans convey accurate information about subjects’ preferences and, consequently, are good predictors of their future behavior. Copyright Springer Science+Business Media New York 2014

Keywords: Public goods experiments; Social preferences; Mixture models; C35; C51; C72; H41 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (16)

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Working Paper: Use of data on planned contributions and stated beliefs in the measurement of social preferences (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:kap:theord:v:76:y:2014:i:2:p:201-223

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DOI: 10.1007/s11238-013-9365-4

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