Impulse balance and framing effects in threshold public good games. (25th January 2019)

• Record Type: Journal Article
• Authors: Cartwright, Edward; Stepanova, Anna; Xue, Lian
• Other Names: Bochet Olivier guestEditor.; Reuben Ernesto guestEditor.; Nikiforakis Niko guestEditor.; Wooders John guestEditor.
• Is Part Of: Journal of public economic theory. Volume 21:Number 5(2019)
• Page Start: 903
• Page End: 922
• Publication Date: 2019-01-25
• Subjects: Economic policy -- Periodicals; Finance, Public -- Periodicals; 338.9005
• DOI: 10.1111/jpet.12359
• Languages: English
• ISSNs: 1097-3923

Abstract

Abstract : In this paper, we revisit the evidence for framing effects in threshold public good games. Our particular focus is on why the probability of providing the public good appears to be higher in positive, give frames compared with negative, take frames. We show that the impulse balance theory can explain this effect. We also report a new experiment designed to test the predictions of the impulse balance theory. The results of the experiment fit well, both in quantitative and qualitative terms, with our predictions.