Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/98483
Authors: 
Brañas-Garza, Pablo
Espinos, Maria Paz
Year of Publication: 
2011
Citation: 
[Journal:] Games [ISSN:] 2073-4336 [Publisher:] MDPI [Place:] Basel [Volume:] 2 [Year:] 2011 [Issue:] 4 [Pages:] 434-457
Abstract: 
This paper provides experimental evidence on how players predict end-game effects in a linear public good game. Our regression analysis yields a measure of the relative importance of priors and signals on subjects' beliefs on contributions and allows us to conclude that, first, the weight of the signal is relatively unimportant, while priors have a large weight and, second, priors are the same for all periods. Hence, subjects do not expect end-game effects and there is very little updating of beliefs. We argue that the sustainability of cooperation is related to this pattern of belief formation.
Subjects: 
public good games
end-game effects
beliefs
experiments
Persistent Identifier of the first edition: 
Creative Commons License: 
http://creativecommons.org/licenses/by/3.0/
Document Type: 
Article
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