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 | Becchetti, L, Pelligra, V, Salustri, F |
Journal | Applied Economics Letters |
Volume | first online |
Issue | |
Pagination | 1-5 |
Abstract | 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. |
URL | http://www.tandfonline.com/doi/full/10.1080/13504851.2016.1223813 |
DOI | 10.1080/13504851.2016.1223813 |
Keywords | mixture models, multiplayer prisoners’ dilemma, randomized experiment, satisfaction |