Public goods, social norms and naive beliefs

Cartwright, Edward and Patel, Amrish ORCID: https://orcid.org/0000-0002-2374-6409 (2010) Public goods, social norms and naive beliefs. Journal of Public Economic Theory, 12 (2). pp. 199-223. ISSN 1097-3923

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Abstract

An individual's contribution to a public good may be seen by others as a signal of attributes such as generosity or wealth. An individual may, therefore, choose their contribution so as to send an appropriate signal to others. In this paper, we question how the inferences made by others will influence the amount contributed to the public good. Evidence suggests that individuals are naïve and biased toward taking things at “face value.” We contrast, therefore, contributions made to a public good if others are expected to make rational inferences versus contributions if others are expected to make naïve inferences.

Item Type: Article
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: 24 Sep 2016 00:13
Last Modified: 25 Sep 2024 12:07
URI: https://ueaeprints.uea.ac.uk/id/eprint/59918
DOI: 10.1111/j.1467-9779.2009.01457.x

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