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

Arbeitspapier

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 plans data by a infinite mixture approach and compare the results with those obtained from contribution data. Our results indicate that preferences are heterogeneous, and that most subjects exhibit conditionally cooperative inclinations. Controlling for beliefs, which incorporate the information about the other's decisions, we are able to show that plans convey accurate information about subjects' preferences and, consequently, are good predictors of their future behavior.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Jena Economic Research Papers ; No. 2011,039

Classification and Topics

• Classification: Wirtschaft ; Multiple or Simultaneous Equation Models: Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions ; Model Construction and Estimation ; Noncooperative Games ; Public Goods
• Subject: public goods games ; experiments ; social preferences ; mixture models ; Öffentliches Gut ; Spieltheorie ; Soziale Wohlfahrtsfunktion ; Messung ; Test

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Conte, Anna ; Levati, M. Vittoria
• Event: Veröffentlichung
• (who): Friedrich Schiller University Jena and Max Planck Institute of Economics
• (where): Jena
• (when): 2011

Further information

• Handle: http://hdl.handle.net/10419/56923
• Last update: 10.03.2025, 11:41 AM CET