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Experimental (re-)analysis of the house-money effect in a public goods game


ABSTRACT: Experiments in economics usually provide subjects with starting capital to be used in the experiment. This practice could affect decisions as there is no risk of loss. This phenomenon is known as the house-money effect. In a repeated public goods game, we test for house-money effects by paying subjects in advance an amount they could lose in the experiment. We do not find evidence of a house-money effect over time.

Supplementary Information

The online version contains supplementary material available at 10.1007/s40881-022-00122-2.

SUBMITTER: Bailey N 

PROVIDER: S-EPMC9758672 | biostudies-literature | 2022 Dec

REPOSITORIES: biostudies-literature

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