This paper establishes a connection between cognitive noise (Enke and Graeber, 2023) and the level of contribution in the public goods game. Our experimental results demonstrate that a cooperative advice can assist individual in either gaining a better understanding of their true social...

We study the heterogeneity of preferences regarding the limited substitutability of environmental public goods vis-a-vis private consumption goods and how it affects the economic valuation of environmental public goods. We show theoretically that mean marginal willingness to pay for an...