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Do you do what you say or do you do what you say others do?
Karlstad University, Faculty of Economic Sciences, Communication and IT, Department of Economics and Statistics.
Karlstad University, Faculty of Economic Sciences, Communication and IT, Department of Economics and Statistics.ORCID iD: 0000-0002-9667-2260
2008 (English)Report (Refereed)
Abstract [en]

We design a donations vs. own money choice experiment comparing three different

treatments. In two of the treatments the pay-offs are hypothetical. In the first of these, a short

cheap talk script was used, and subjects were required to state their own preferences in this

scenario. In the second, subjects were asked to state how they believed an average student

would respond to the choices. In the third treatment the pay-offs were real, allowing us to use

the results to compare the validity of the two hypothetical treatments. We find a strong

hypothetical bias in both hypothetical treatments where the marginal willingness to pay for

donations are higher when subjects state their own preferences but lower when subjects state

what they believe are other students preferences. The explanation is probably a self-image

effect in both cases. We find that it is mainly women who are prone to hypothetical bias in

this study

Place, publisher, year, edition, pages
2008.
Keywords [en]
Stated preferences, cheap talk, hypothetical bias, third person approach, choice, experiment
National Category
Economics
Research subject
Economics
Identifiers
URN: urn:nbn:se:kau:diva-18422OAI: oai:DiVA.org:kau-18422DiVA, id: diva2:592053
Available from: 2013-01-21 Created: 2013-01-21 Last updated: 2015-01-29

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http://swopec.hhs.se/gunwpe/abs/gunwpe0309.htmhttp://gupea.ub.gu.se/dspace/bitstream/2077/10296/1/gunwpe0309.pdf

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Daruvala, DinkyJaldell, Henrik

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CiteExportLink to record
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Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
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  • asciidoc
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