Framing and Misperceptions in a Public Good Experiment
Abstract
Earlier studies have found that a substantial part of the contributions in public good games can be explained by subjects misperceiving the game's incentives. Using a large-scale public good experiment, we show that subtle changes in how the game is framed substantially affect such misperceptions and that this explains major parts of framing effect on subjects' behavior. When controlling for the different levels of misperception between frames, the framing effect on subjects' cooperation preferences disappears. This suggests that merely changing how tax-, fine- or subsidy systems are framed, without reducing complexity, could reduce welfare loss from misperception of incentives.Download Info
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Paper provided by University of Copenhagen, Institute of Food and Resource Economics in its series FOI Working Paper with number 2011/11.
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Length: 33 pages
Date of creation: Jul 2011
Date of revision:
Aug 2011
Handle: RePEc:foi:wpaper:2011_11
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Web page: http://www.foi.life.ku.dk/
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Related research
Keywords: Public goods; Cooperation; Misperception; Game form recognition; Framing effects; Internet experiment;Find related papers by JEL classification:
- C90 - Mathematical and Quantitative Methods - - Design of Experiments - - - General
- H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-07-27 (All new papers)
- NEP-CBE-2011-07-27 (Cognitive & Behavioural Economics)
- NEP-EVO-2011-07-27 (Evolutionary Economics)
- NEP-EXP-2011-07-27 (Experimental Economics)
- NEP-GTH-2011-07-27 (Game Theory)
- NEP-POL-2011-07-27 (Positive Political Economics)
References
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