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Publication type: Article in scientific journal
Type of review: Peer review (publication)
Title: Explaining cooperative behavior in public goods games : how preferences and beliefs affect contribution levels
Authors: Ackermann, Kurt Alexander
Murphy, Ryan O.
DOI: 10.21256/zhaw-5046
Published in: Games
Volume(Issue): 10
Issue: 1
Pages: 15
Pages to: 48
Issue Date: 2019
Publisher / Ed. Institution: MDPI
ISSN: 2073-4336
Language: English
Subjects: Cooperation; Public good; Social value orientation; Social preference
Subject (DDC): 150: Psychology
302: Social interaction
Abstract: There is a large body of evidence showing that a substantial proportion of people cooperate in public goods games, even if the situation is one-shot and completely anonymous. In the present study, we bring together two major endogenous factors that are known to affect cooperation levels, and in so doing replicate and extend previous empirical research on public goods problems in several important ways. We measure social preferences and concurrently elicit beliefs on the individual level using multiple methods, and at multiple times during the experiment. With this rich set of predictor variables at the individual level, we test how well individual contribution decisions can be accounted for in both a one shot and a repeated interaction. We show that when heterogeneity in people’s preferences and beliefs is taken into consideration, more than 50% of the variance in individual choice behavior can be explained. Furthermore, we show that people do not only update their beliefs in a repeated public goods game, but also that their social preferences change, to some extent, in response to the choices of other decision makers.
Fulltext version: Published version
License (according to publishing contract): CC BY 4.0: Attribution 4.0 International
Departement: School of Management and Law
Organisational Unit: Institute of Marketing Management (IMM)
Appears in collections:Publikationen School of Management and Law

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