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Value Orientations, Income and Displacement Effects, and Voluntary Contributions

  • Neil Buckley
  • Kenneth Chan
  • James Chowhan
  • Stuart Mestelman

    ()

  • Mohamed Shehata

Identifying the value orientations of subjects participating in market or non-market decisions by having them participate in a ring game may be helpful in understanding the behaviour of these subjects. This experiment presents the results of changes in the centre and the radius of a value orientations ring in an attempt to discover if the measured value orientations exhibit income or displacement effects. Neither significant income effects nor displacement effects are identified. An external validity check with a voluntary contribution game provides evidence that value orientations from rings centred around the origin of the decision-space explain significant portions of voluntary contributions while value orientations from displaced rings do not. Copyright Kluwer Academic Publishers 2001

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File URL: http://hdl.handle.net/10.1023/A:1011484722011
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Article provided by Springer in its journal Experimental Economics.

Volume (Year): 4 (2001)
Issue (Month): 2 (October)
Pages: 183-195

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Handle: RePEc:kap:expeco:v:4:y:2001:i:2:p:183-195
Contact details of provider: Web page: http://www.springerlink.com/link.asp?id=102888

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  1. Offerman, Theo & Sonnemans, Joep & Schram, Arthur, 1996. "Value Orientations, Expectations and Voluntary Contributions in Public Goods," Economic Journal, Royal Economic Society, vol. 106(437), pages 817-45, July.
  2. Neil Buckley & Stuart Mestelman & Mohamed Shehata, 1999. "Subsidizing Public Inputs," Department of Economics Working Papers 1999-11, McMaster University.
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