- A-Z
- Jena Economic Resea...
- Volume 5
- Threshold public go...
Threshold public good games and impulse balance theory
- Abgebildete Person
- Erschienen
- 22. Dezember 2011
- Nummer des Discussion-Papers
-
2011-062
- Schlagwort(e)
-
counterfactual thinking
impulse balance theory
learning direction theory
Public good
threshold
- Zusammenfsg.
-
We propose and develop a model of behavior in threshold public good games. The model draws on learning direction theory and impulse balance theory. We find good support for the model and demonstrate that it can explain the success rates observed in threshold public good experiments. The model is applied in a variety of different settings: we compare games with a full refund to those with no refund, consider changes in relative endowment, and consider changes in the step return and net reward.
- article pub. typess JER
- Research article
- article languages JER
- Englisch
- JEL-Classification for JER
- C72 - Noncooperative Games ; H41 - Public Goods ; C92 - Laboratory, Group Behavior