ERA

Download the full-sized PDF of 'Pocket and Pot': Hypothetical Bias in a No-Free-Riding Public Contribution GameDownload the full-sized PDF

Analytics

Share

Permanent link (DOI): https://doi.org/10.7939/R3M61BQ9S

Download

Export to: EndNote  |  Zotero  |  Mendeley

Communities

This file is in the following communities:

Resource Economics and Environmental Sociology, Department of

Collections

This file is in the following collections:

Staff Papers (Resource Economics & Environmental Sociology)

'Pocket and Pot': Hypothetical Bias in a No-Free-Riding Public Contribution Game Open Access

Descriptions

Author or creator
Gubanova, Tatiana
Adamowicz, Wiktor
McMillan, Melville
Additional contributors
Subject/Keyword
hypothetical bias
public contribution game
random dictatorship
Type of item
Report
Language
English
Place
Time
Description
Hypothetical bias arises when values which people say they place on a good or service differ systematically from the values people reveal for the same good or service through actual, binding economic transactions. Studies of hypothetical bias with respect to public goods often use charitable contributions or other relatively unique goods and these studies employ a variety of mechanisms to elicit the stated and revealed values. This study proposes the inclusion of a free-rider barring random dictatorship mechanism in the standard public contribution game to investigate the issue of bias when a public good involves immediate monetary returns to subjects. Steps are taken to make the game have the look and feel of a real world trade-off between private investment and public good provision. Data for the experiment were collected using a sample of students from the University of Alberta. A statistically significant negative hypothetical bias is found for the first hypothetical and the first real rounds of the game. The bias decays in subsequent round pairs, oscillating around zero.
Date created
2009
DOI
doi:10.7939/R3M61BQ9S
License information
Creative Commons Attribution-Non-Commercial-No Derivatives 3.0 Unported
Rights

Citation for previous publication

Source
Link to related item

File Details

Date Uploaded
Date Modified
2014-04-29T15:52:03.324+00:00
Audit Status
Audits have not yet been run on this file.
Characterization
File format: pdf (Portable Document Format)
Mime type: application/pdf
File size: 723449
Last modified: 2015:10:12 20:54:13-06:00
Filename: sp-09-02.pdf
Original checksum: fd8a8b90032351d9da9a39eee32caec5
Well formed: true
Valid: true
File title: Microsoft Word - Pocket and Pot Working Paper.doc
File author: Dmitriy
Page count: 76
Activity of users you follow
User Activity Date