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2016-02-18 | Peer Reviewed

The role of beliefs, trust, and risk in contributions to a public good

Kocher, Martin, Peter Martinsson, Dominik Matzat and Conny Wollbrant. 2015. “The role of beliefs, trust, and risk in contributions to a public good.” Journal of Economic Psychology 51: 236-244.
Download reference Doi:10.1016/j.joep.2015.10.001

Abstract: This paper experimentally investigates if and how beliefs, trust, and risk attitudes are associated with cooperative behavior. By applying incentivized elicitation methods to measure these concepts, we find that beliefs about others' cooperation and trust are positively correlated with cooperation in a public goods game. However, even though contributing to a public good resembles a situation of making decisions under strategic uncertainty, elicited risk preferences do not seem to explain cooperation in a systematic way.