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Cheap Talk and Secret Intentions in a Public Goods Experiments

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Author Info
Werner G�th () (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)

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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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Publisher Info
Paper provided by Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics, Thueringer Universitaets- und Landesbibliothek in its series Jena Economic Research Papers in Economics 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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Related research
Keywords: Public goods game Cheap talk communication Real-time protocol

Find related papers by JEL classification:
C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information
D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search, Learning, and Information

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This page was last updated on 2008-10-10.


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