EconPapers    
Economics at your fingertips  
 

Public goods games and psychological utility: Theory and evidence

Sanjit Dhami (), Mengxing Wei () and Ali al-Nowaihi ()

No 16/17, Discussion Papers in Economics from Division of Economics, School of Business, University of Leicester

Abstract: We consider a public goods game which incorporates guilt-aversion/surprise- seeking and the attribution of intentions behind these emotions (Battigalli and Dufwenberg, 2007; Khalmetski et al., 2015). We implement the induced beliefs method (Ellingsen et al., 2010) and a within-subjects design using the strategy method. Previous studies mainly use dictator games - whose results may not be robust to adding strategic components. We …nd that guilt-aversion is far more important than surprise-seeking; and that the attribution of intentions behind guilt- aversion/surprise-seeking is important. Our between-subjects analysis confirms the results of the within-subjects design.

Keywords: Public goods games; psychological game theory; surprise-seeking/guilt- aversion; attribution of intentions; induced beliefs method; strategy method; within- subjects design. (search for similar items in EconPapers)
JEL-codes: D01 D03 H41 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-exp, nep-hpe and nep-upt
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://www.le.ac.uk/economics/research/RePEc/lec/leecon/dp16-17.pdf (application/pdf)

Related works:
Working Paper: Public Goods Games and Psychological Utility: Theory and Evidence (2018) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:lec:leecon:16/17

Ordering information: This working paper can be ordered from
https://www2.le.ac.u ... -1/discussion-papers

Access Statistics for this paper

More papers in Discussion Papers in Economics from Division of Economics, School of Business, University of Leicester School of Business, University of Leicester, University Road. Leicester. LE1 7RH. UK Provider-Homepage: https://le.ac.uk/school-of-business. Contact information at EDIRC.
Bibliographic data for series maintained by Abbie Sleath ().

 
Page updated 2019-11-22
Handle: RePEc:lec:leecon:16/17