Walk the Talk? The Effect of Voting and Excludability in Public Goods Experiments
Table 3
The effect of voting and excludability on individual contributions in Experiment 1.
Variable
Model 1 ()
Model 2 (Mixed )
Model 3 (Mixed )
Dependent variable
Group average of individual contribution
Individual contribution
Individual contribution
CONSTANT
ROUND
EXCLUDABLE PG (YES = 1)
VOTING (YES = 1)
−0.093
PROJECT A (YES = 1)
VOTED FOR A & A CHOSEN
VOTED FOR A & B CHOSEN
0.057
VOTED FOR B & B CHOSEN
0.313
VOTED & CHOSEN
-statistic
32.3
Akaike Info Criterion
7531
7525
Number of obs.
880 (44 groups × 20 rounds)
1600 (random effects for 80 subjects)
Conditions
All
Voting
significant at 1% level, significant at 5% level, significant at 10% level. Least squares estimation with robust standard errors. Mixed effects model, maximum likelihood estimation. Mixed effects model, maximum likelihood estimation.