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Value Orientations, Income and Displacement Effects, and Voluntary Contributions

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Author Info

  • Neil Buckley
  • Kenneth Chan
  • James Chowhan
  • Stuart Mestelman

    ()

  • Mohamed Shehata

Abstract

Identifying the value orientations of subjects participating in market or non-market decisions by having them participate in a ring game may be helpful in understanding the behaviour of these subjects. This experiment presents the results of changes in the centre and the radius of a value orientations ring in an attempt to discover if the measured value orientations exhibit income or displacement effects. Neither significant income effects nor displacement effects are identified. An external validity check with a voluntary contribution game provides evidence that value orientations from rings centred around the origin of the decision-space explain significant portions of voluntary contributions while value orientations from displaced rings do not. Copyright Kluwer Academic Publishers 2001

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File URL: http://hdl.handle.net/10.1023/A:1011484722011
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Bibliographic Info

Article provided by Springer in its journal Experimental Economics.

Volume (Year): 4 (2001)
Issue (Month): 2 (October)
Pages: 183-195

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Handle: RePEc:kap:expeco:v:4:y:2001:i:2:p:183-195

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Web page: http://www.springerlink.com/link.asp?id=102888

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Keywords: value orientation; individual behavior; experiments;

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References

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  1. Buckley, Neil & Mestelman, Stuart & Shehata, Mohamed, 2003. "Subsidizing public inputs," Journal of Public Economics, Elsevier, vol. 87(3-4), pages 819-846, March.
  2. Offerman, Theo & Sonnemans, Joep & Schram, Arthur, 1996. "Value Orientations, Expectations and Voluntary Contributions in Public Goods," Economic Journal, Royal Economic Society, vol. 106(437), pages 817-45, July.
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Citations

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Cited by:
  1. Jeremiah Hurley & Emmanouil Mentzakis, 2011. "Existence and Magnitude of Health-related Externalities: Evidence from a Choice Experiment," Centre for Health Economics and Policy Analysis Working Paper Series 2011-01, Centre for Health Economics and Policy Analysis (CHEPA), McMaster University, Hamilton, Canada.
  2. Smith, John, 2010. "The endogenous nature of the measurement of social preferences," MPRA Paper 23282, University Library of Munich, Germany.
  3. Abeler, Johannes & Nosenzo, Daniele, 2013. "Self-Selection into Economics Experiments Is Driven by Monetary Rewards," IZA Discussion Papers 7374, Institute for the Study of Labor (IZA).
  4. John Spraggon, 2002. "Individual Decision Making in Exogenous Targeting Instrument Experiments," McMaster Experimental Economics Laboratory Publications 2002-01, McMaster University.
  5. Mentzakis, Emmanouil & Mestelman, Stuart, 2013. "Hypothetical bias in value orientations ring games," Economics Letters, Elsevier, vol. 120(3), pages 562-565.
  6. Hurley, Jeremiah & Mentzakis, Emmanouil, 2013. "Health-related externalities: Evidence from a choice experiment," Journal of Health Economics, Elsevier, vol. 32(4), pages 671-681.
  7. Kenneth S. Chan & Rob Godby & Stuart Mestelman & R. Andrew Muller, 1998. "Crowding Out Voluntary Contributions to Public Goods," Department of Economics Working Papers 1998-03, McMaster University.
  8. Kiridaran Kanagaretnam & Stuart Mestelman & Khalid Nainar & Mohamed Shehata, 2009. "The Impact of Social Value Orientation and Risk Attitudes on Trust and Reciprocity," Department of Economics Working Papers 2008-06, McMaster University.
  9. Brunton, Douglas & Hasan, Rabia & Mestelman, Stuart, 2001. "The 'spite' dilemma: spite or no spite, is there a dilemma?," Economics Letters, Elsevier, vol. 71(3), pages 405-412, June.
  10. Rene Bekkers, 2007. "Measuring altruistic behavior in surveys: The all-or-nothing dictator game," Artefactual Field Experiments 00102, The Field Experiments Website.
  11. Jeffrey Carpenter, 2002. "Endogenouse Social Preferences," Middlebury College Working Paper Series 0209, Middlebury College, Department of Economics.
  12. Aleksandra Gajic & David Cameron & Jeremiah Hurley, 2012. "The cost-effectiveness of cash versus lottery incentives for a web-based, stated-preference community survey," The European Journal of Health Economics, Springer, vol. 13(6), pages 789-799, December.

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