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I study allocations and beliefs about allocations in taking and giving games. The allocations are not significantly different between the two games, providing evidence on the isomorphism (equivalence) of taking and giving. In both games, the passive players are pessimistic about (underestimate)...
Persistent link: https://www.econbiz.de/10011220535
We use instrumental variables for estimating the causal effect of beliefs on contributions in repeated public good games. The effect is about half as large as suggested by ordinary least squares. Thus, we present evidence that beliefs have a causal effect on contributions, but also that beliefs...
Persistent link: https://www.econbiz.de/10010866250
We study the efficacy of horizontal versus vertical social learning processes in a public goods game. In one treatment, subjects about to play the game can make nonbinding common knowledge announcements about their intentions while, in another, subjects do not communicate directly with group...
Persistent link: https://www.econbiz.de/10005064062