Guilt and participation

Patel, Amrish and Smith, Alec (2019) Guilt and participation. Journal of Economic Behavior & Organization, 167. pp. 279-295. ISSN 0167-2681

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Abstract

How does guilt affect participation in providing public goods? We characterise and analyse completely mixed symmetric equilibria (CMSE) in participation games where players are guilt averse. We find that relative to material preferences, guilt aversion can: facilitate the existence of CMSE; increase or decrease participation; and imply that group size has a non-monotonic effect on participation. Using our equilibrium characterisation we also re-analyse experimental data on participation games and find a low, but positive, guilt sensitivity parameter.

Item Type:	Article
Uncontrolled Keywords:	participation,threshold public good,volunteer's dilemma,psychological games,guilt aversion
Faculty \ School:	Faculty of Social Sciences > School of Economics
UEA Research Groups:	Faculty of Social Sciences > Research Groups > Economic Theory Faculty of Social Sciences > Research Centres > Centre for Behavioural and Experimental Social Sciences Faculty of Social Sciences > Research Groups > Behavioural Economics
Depositing User:	Pure Connector
Date Deposited:	08 Jun 2018 16:30
Last Modified:	20 Apr 2023 02:35
URI:	https://ueaeprints.uea.ac.uk/id/eprint/67332
DOI:	10.1016/j.jebo.2018.06.009

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