Resource title

Social preferences, beliefs, and the dynamics of free riding in public good experiments

Resource image

image for OpenScout resource :: Social preferences, beliefs, and the dynamics of free riding in public good experiments

Resource description

We provide a test of the role of social preferences and beliefs in voluntary cooperation and its decline. We elicit individuals' cooperation preferences in one experiment and use them as well as subjects' elicited beliefs to explain contributions to a public good played repeatedly. We find substantial heterogeneity in people' preferences. With simulation methods based on this data, we show that the decline of cooperation can be driven by the fact that most people have a preference to contribute less than others, rather than by their changing beliefs of others' contribution over time. Universal free riding is very likely despite the fact that most people are not selfish.

Resource author

Urs Fischbacher, Simon G├Ąchter

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/26536

Resource license

Adapt according to the presented license agreement and reference the original author.