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Cheap Talk and Secret Intentions in a Public Goods Experiments

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Author Info

  • Werner Güth

    ()
    (Max Planck Institute of Economics, Strategic Interaction Group)

  • M. Vittoria Levati

    ()
    (Max Planck Institute of Economics, Strategic Interaction Group)

  • Torsten Weiland

    ()
    (Max Planck Institute of Economics, Strategic Interaction Group)

Abstract

In a public goods experiment, subjects can vary over a period of stochastic length two contribution levels: one is publicly observable (their cheap talk stated intention), while the other is not seen by the others (their secret intention). When the period suddenly stops, participants are restricted to choose as actual contribution either current alternative. Based on the two types of choice data for a partners and a perfect strangers condition, we confirm that final outcomes strongly depend on the matching protocol. As to choice dynamics, we distinguish different types of adaptations.

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Bibliographic Info

Paper provided by Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics in its series Jena Economic Research Papers with number 2007-048.

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Date of creation: 20 Aug 2007
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Handle: RePEc:jrp:jrpwrp:2007-048

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Keywords: Public goods game; Cheap talk communication; Real-time protocol;

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Cited by:
  1. Lotito, Gianna & Migheli, Matteo & Ortona, Guido, 2011. "An experimental inquiry into the nature of relational goods," POLIS Working Papers 160, Institute of Public Policy and Public Choice - POLIS.

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