Value Orientations, Income and Displacement Effects, and Voluntary Contributions
AbstractIdentifying 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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Bibliographic InfoArticle provided by Springer in its journal Experimental Economics.
Volume (Year): 4 (2001)
Issue (Month): 2 (October)
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Web page: http://www.springerlink.com/link.asp?id=102888
value orientation; individual behavior; experiments;
Other versions of this item:
- Neil Buckley & Kenneth S. Chan & James Chowhan & Stuart Mestelman & Mohamed Shehata, 2000. "Value Orientations, Income and Displacement Effects, and Voluntary Contributions," Department of Economics Working Papers 2000-03, McMaster University.
- C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
- Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Social and Economic Stratification
- H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
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