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Psychological game theory can provide a rational choice explanation of framing effects; frames influence beliefs, and …
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Traditionally economic theory assumes that preferences are stable facilitating positive predictions of economic policy … experiment features a within subject design based on one shot public good games in strategy method, which are carried out in …
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preferences in an incentive-compatible manner over voluntary contribution mechanisms with and without reward and punishment … payoffs are significantly greater when punishment is allowed but that only a small minority of participants prefers such an … ; voluntary contribution ; risk, loss, and ambiguity aversion ; preference elicitation ; reward and punishment …
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