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Value Orientations, Expectations and Voluntary Contributions in Public Goods

Theo Offerman, Joep Sonnemans and Arthur Schram
The Economic Journal
Vol. 106, No. 437 (Jul., 1996), pp. 817-845
Published by: Wiley on behalf of the Royal Economic Society
DOI: 10.2307/2235360
Stable URL: http://www.jstor.org/stable/2235360
Page Count: 29
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Value Orientations, Expectations and Voluntary Contributions in Public Goods
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Abstract

An experimental analysis of voluntary, binary contributions for step-level public goods is presented. Independent information is obtained on individual value orientation and expectations about the behaviour of other subjects using incentive compatible mechanisms. The effects of increasing payoffs for the public good and of decreasing groupsize are investigated. Attention is focused on (1) the determination of expectations; (2) the use of expectations when deciding on behaviour; (3) differences in expectations and behaviour between individuals with different value orientations.

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