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Belief Formation and Evolution in Public Good Games Author info | Abstract | Publisher info | Download info | Related research | Statistics Jaromir Kovarik ()
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We analyze first-order beliefs in a variation of the Public Good Game. We show that (1) the role that belief elicitation plays in the experiment affects both the contribution behavior and beliefs, and (2) framing influences stated beliefs, as much as contribution behavior. In the second part of the paper, we study the role of heterogeneity in the formation of initial beliefs, and provide an empirical model of the belief up-dating process. Subjects use the past experience, stressing the role of experience that comes from situations similar to the current ones.
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Paper provided by University of Siena in its series Labsi Experimental Economics Laboratory University of Siena with number
016.
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Date of creation: Sep 2007Date of revision:
Handle: RePEc:usi:labsit:016Contact details of provider: Postal: Piazza San Francesco 7, 53100 Siena Web page: http://www.depfid.unisi.it/ More information through EDIRC
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Keywords: Beliefs ; Public Good ; Framing ; Experiment ; (Belief) Learning ; Find related papers by JEL classification: C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search, Learning, and Information D84 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Expectations; Speculations H40 - Public Economics - - Publicly Provided Goods - - - General
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References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Urs Fischbacher & Simon Gächter, 2006.
"Heterogeneous Social Preferences and the Dynamics of Free Riding in Public Goods ,"
IZA Discussion Papers
2011, Institute for the Study of Labor (IZA).
[Downloadable!]
Other versions: Andreoni, James, 1995.
"Warm-Glow versus Cold-Prickle: The Effects of Positive and Negative Framing on Cooperation in Experiments ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 110(1), pages 1-21, February.
[Downloadable!] (restricted)
Other versions: Martin Dufwenberg & Simon Gaechter & Heike Hennig-Schmidt, 2006.
"The Framing of Games and the Psychology of Strategic Choice ,"
Discussion Papers
2006-20, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
[Downloadable!]
Cheung, Yin-Wong & Friedman, Daniel, 1997.
"Individual Learning in Normal Form Games: Some Laboratory Results ,"
Games and Economic Behavior ,
Elsevier, vol. 19(1), pages 46-76, April.
[Downloadable!] (restricted)
Colin Camerer & Teck-Hua Ho, 1999.
"Experience-weighted Attraction Learning in Normal Form Games ,"
Econometrica ,
Econometric Society, vol. 67(4), pages 827-874, July.
Sonnemans, Joep & Schram, Arthur & Offerman, Theo, 1998.
"Public good provision and public bad prevention: The effect of framing ,"
Journal of Economic Behavior & Organization ,
Elsevier, vol. 34(1), pages 143-161, January.
[Downloadable!] (restricted)
Simon Gaechter & Elke Renner, 2006.
"The Effects of (Incentivized) Belief Elicitation in Public Good Experiments ,"
Discussion Papers
2006-16, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
[Downloadable!]
Yaw Nyarko & Andrew Schotter, 2002.
"An Experimental Study of Belief Learning Using Elicited Beliefs ,"
Econometrica ,
Econometric Society, vol. 70(3), pages 971-1005, May.
[Downloadable!] (restricted)
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