Testing for heterogeneity of preferences in randomized experiments: a satisfaction-based approach applied to multiplayer prisoners’ dilemm
|Title||Testing for heterogeneity of preferences in randomized experiments: a satisfaction-based approach applied to multiplayer prisoners’ dilemm|
|Publication Type||Journal Article|
|Year of Publication||2016|
|Authors||L. Becchetti, V. Pelligra, F. Salustri|
|Journal||Applied Economics Letters|
We use experimental data from the ‘vote with the wallet’ multiplayer prisoner’s dilemma to investigate with a finite mixture approach the effect of a responsible purchase on players’ satisfaction. We find clear-cut evidence of heterogeneity of preferences with two groups of players that differ significantly in terms of effects of the responsible choice on satisfaction.
|Keywords||mixture models, multiplayer prisoners’ dilemma, randomized experiment, satisfaction|