Planning ahead: eliciting intentions and beliefs in a public goods game
AbstractIn a two-person ï¬nitely repeated public goods experiment, we use intentions data to interpret individual behavior. Based on a random-utility model speciï¬cation, we develop a relationship between a player's beliefs about others' behavior and his contributions' plans, and use this relationship to identify the player's most likely preference "type". Our estimation analysis indicates that players are heterogeneous in their preferences also at the intentional level. Moreover, our data show that deviations from intended actions are positively related to changes in beliefs, thereby suggesting that people are able to plan.
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Bibliographic InfoPaper provided by Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics in its series Jena Economic Research Papers with number 2007-104.
Date of creation: 20 Dec 2007
Date of revision:
Public goods games; Experiments; Latent-class logit; Conditional cooperation;
Find related papers by JEL classification:
- C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior
- H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-01-19 (All new papers)
- NEP-CBE-2008-01-19 (Cognitive & Behavioural Economics)
- NEP-DCM-2008-01-19 (Discrete Choice Models)
- NEP-EXP-2008-01-19 (Experimental Economics)
- NEP-GTH-2008-01-19 (Game Theory)
- NEP-PBE-2008-01-19 (Public Economics)
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