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dc.contributor.authorGreiff, Matthiasen_US
dc.contributor.authorPaetzel, Fabianen_US
dc.description.abstractWe present a theoretical model of a linear public good game in which heterogeneous players express social approval after observing contributions. The model explains how social approval is expressed and predicts positive contributions if subjects have a preference for social approval. Using a controlled laboratory experiment we test our model. In the experiment, subjects conduct computerized tasks that require substantial effort resulting in endowments from which contributions can be made to a linear public good. After observing others' contributions subjects express social approval. Our main hypothesis is that subjects have a preference for social approval so that the expression of social approval will increase contributions, even if reputation building is impossible. We vary the information available to subjects and investigate how this affects the expression of social approval and individual contributions. Our main finding is that the expression of social approval significantly increases contributions. However, the increase in contributions is smaller if additional information is provided, suggesting that social approval is more effective if subjects receive a noisy signal about others' contributions.en_US
dc.publisher|aUniv., Dep. of Business Administration & Economics |cMarburgen_US
dc.relation.ispartofseries|aJoint discussion paper series in economics |x08-2012en_US
dc.subject.keywordexperimental economicsen_US
dc.subject.keywordlinear public good gamesen_US
dc.subject.keywordnon-monetary incentivesen_US
dc.subject.keywordsocial approvalen_US
dc.subject.stwÖffentliches Guten_US
dc.subject.stwNichtkooperatives Spielen_US
dc.subject.stwSoziale Beziehungenen_US
dc.titleReaching for the stars: An experimental study of the consumption value of social approvalen_US
dc.typeWorking Paperen_US

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