Information defaults in repeated public good provision

LIU, Jia, SONNTAG, Axel and ZIZZO, Daniel John (2022). Information defaults in repeated public good provision. Journal of Economic Behavior & Organization, 197, 356-369.

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Official URL: https://www.sciencedirect.com/science/article/pii/...
Link to published version:: https://doi.org/10.1016/j.jebo.2022.03.001
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    Abstract

    We study an unexplored type of defaults - information defaults - in a repeated public good provision setting. In our treatments, we vary the default of having or not having contribution information as well as whether the information comes with a positive, zero or negative financial incentive. We find that almost all subjects have the information when this is cost-free or financially beneficial, but around a third have the information even when this is costly. Moreover, a default of not having information leads to a slower unraveling of cooperation which is matched by the beliefs about others’ contributions in these treatments. We also find a secondary informational default effect, challenging previous findings on how defaults work: when the default is no information, subjects do not seek information more often, but they tend to believe that more other subjects seek information.

    Item Type: Article
    Uncontrolled Keywords: Economics; 1401 Economic Theory; 1402 Applied Economics; 1403 Econometrics
    Identification Number: https://doi.org/10.1016/j.jebo.2022.03.001
    Page Range: 356-369
    SWORD Depositor: Symplectic Elements
    Depositing User: Symplectic Elements
    Date Deposited: 29 Mar 2022 14:52
    Last Modified: 29 Mar 2022 15:00
    URI: http://shura.shu.ac.uk/id/eprint/30006

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