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Value Orientations, Income and Displacement Effects, and Voluntary Contributions

Published online by Cambridge University Press:  14 March 2025

Neil Buckley ,
James Chowhan ,
Mohamed Shehata ,
Kenneth S. Chan  and
Stuart Mestelman
Neil Buckley
Affiliation:
McMaster University, Hamilton, Ontario, Canada L8S 4M4
James Chowhan
Affiliation:
McMaster University, Hamilton, Ontario, Canada L8S 4M4
Mohamed Shehata
Affiliation:
McMaster University, Hamilton, Ontario, Canada L8S 4M4
Kenneth S. Chan
Affiliation:
McMaster University, Hamilton, Ontario, Canada L8S 4M4
Stuart Mestelman*
Affiliation:
McMaster University, Hamilton, Ontario, Canada L8S 4M4
*
email: mestelma@mcmaster.ca
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Abstract

Identifying the value orientations of subjects participating in market or non-market decisions by having them participate in a ring game may be helpful in understanding the behaviour of these subjects. This experiment presents the results of changes in the centre and the radius of a value orientations ring in an attempt to discover if the measured value orientations exhibit income or displacement effects. Neither significant income effects nor displacement effects are identified. An external validity check with a voluntary contribution game provides evidence that value orientations from rings centred around the origin of the decision-space explain significant portions of voluntary contributions while value orientations from displaced rings do not.

Keywords

value orientationindividual behaviorexperiments

JEL classification

H41: Public Goods C91: Laboratory, Individual Behavior Z13: Economic Sociology • Economic Anthropology • Language • Social and Economic Stratification
Type
Research Article
Information
Experimental Economics , Volume 4 , Issue 2 , October 2001 , pp. 183 - 195
Copyright
Copyright © 2001 Economic Science Association

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