Can Ambiguity Aversion Explain Contributions to Public Goods?

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ŘEZÁČ Jan KUNA Vojtěch

Rok publikování 2014
Druh Další prezentace na konferencích
Fakulta / Pracoviště MU

Ekonomicko-správní fakulta

Citace
Popis Authors measured levels of risk aversion and ambiguity aversion (over both gains and losses). Subjects then participated in a one shot public goods game followed by conditional public goods game. It was hypothesized people highly ambiguity averse would make lower unconditional contributions, as the situation could be considered ambiguous, and higher conditional contributions, where no ambiguity exists. Results show there is no relationship between preference measures and contributions in public goods game, suggesting participants do not perceive the situation of public goods game as ambiguous. The only significant variable predicting their unconditional and conditional contribution was their stated belief about contributions of others.
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