House money effects in public good experiments: Comment |
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Authors: | Glenn W Harrison |
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Institution: | (1) Department of Economics, College of Business Administration, University of Central Florida, Orlando, Florida, USA |
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Abstract: | We reconsider evidence from experiments that claim to show that using “house money” in standard public goods experiments has
no effect on behavior. We show that it does have an effect when one examines the data using appropriate statistical methods
that consider individual-level responses and account for the error structure of the panel data.
JEL Classification D7 · C92
I am grateful for comments from two referees and an editor. All data and statistical code are available for public access
at the ExLab Digital Library located at http://exlab.bus.ucf.edu. |
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Keywords: | Public goods Experimental economics |
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