Free riding, public goods and cognitive dissonance: An experimental approach

Date of Publication

2005

Document Type

Bachelor's Thesis

Degree Name

Bachelor of Science in Applied Economics

Subject Categories

Economics

College

Ramon V. Del Rosario College of Business

Department/Unit

Economics

Defense Panel Chair

Marissa Garcia

Defense Panel Member

Gerardo Largoza
Angelo Unite
Maricar Paz Garde

Abstract/Summary

Is the motivation to free-ride based mainly on naked cost-benefit considerations? Can psychological theories of cognitive dissonance help deepen our understanding of an individual's free-riding behavior? In this paper, the authors modify a Voluntary Contributions Mechanism experiment in order to see which of 3 theories explaining free-riding behaviour best 'organizes' the experimental data. Sixty DLSU undergraduate form the subject pool.

The researchers' findings strongly suggest that people do not always take account into consideration the costs and benefits of their decisions. In fact, complaint behavior is observed after individuals have established norms or standards in contributions. Also, regression results that exposure to unexpected outcomes motivates an individuals' free riding behavior.

Abstract Format

html

Language

English

Format

Print

Accession Number

TU14280

Shelf Location

Archives, The Learning Commons, 12F, Henry Sy Sr. Hall

Physical Description

69, 64 leaves : ill. (some col.) ; 28 cm.

Keywords

Human behavior; Public goods; Cognitive dissonance

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