Research Article

Preference for Efficiency or Confusion? A Note on a Boundedly Rational Equilibrium Approach to Individual Contributions in a Public Good Game

Table 4


Log-likelihood

−3637.64
−3591.79
−3548.7
−3508.34
−3470.67
−3435.64
−3403.19
−3373.25
−3345.76
−3320.64
−3297.8
−3277.17
−3258.65
−3242.16
−3227.61
−3214.93
−3204.01
−3194.79
−3187.18
−3181.1
−3171.22
−3192.52
−3247.22
−3444.42
−3488.26
−3555.57
−3634.45
−3753.67
−3916.89
−4173.35
−4615.92
−5547.35
−8506.13
−9181.67
−10032.07
−11133.38
−12612.63
−14699.13
−17852.64

This table reports Maximum Likelihood estimates of for selected values of (see (5)). The last column reports the corresponding log-likelihood value.