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The strategy method lowers measured trustworthy behavior

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  • Casari, Marco
  • Cason, Timothy N.

Abstract

In a trust game experiment, we elicited choices using either the so-called game or strategy method. While the two methods yield similar rates of trust, the strategy method reveals a significantly lower rate of trustworthiness.

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Bibliographic Info

Article provided by Elsevier in its journal Economics Letters.

Volume (Year): 103 (2009)
Issue (Month): 3 (June)
Pages: 157-159

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Handle: RePEc:eee:ecolet:v:103:y:2009:i:3:p:157-159

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Web page: http://www.elsevier.com/locate/ecolet

Related research

Keywords: Trust Game method Laboratory Experiments Reciprocity;

References

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  1. Oxoby, Robert J. & McLeish, Kendra N., 2004. "Sequential decision and strategy vector methods in ultimatum bargaining: evidence on the strength of other-regarding behavior," Economics Letters, Elsevier, vol. 84(3), pages 399-405, September.
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  3. Johansson-Stenman, Olof & Mahmud, Minhaj & Martinsson, Peter, 2005. "Does stake size matter in trust games?," Economics Letters, Elsevier, vol. 88(3), pages 365-369, September.
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  5. Falk, Armin & Zehnder, Christian, 2007. "Discrimination and In-Group Favoritism in a Citywide Trust Experiment," IZA Discussion Papers 2765, Institute for the Study of Labor (IZA).
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  8. Casari, Marco & Cason, Timothy N., 2013. "Explicit versus implicit contracts for dividing the benefits of cooperation," Journal of Economic Behavior & Organization, Elsevier, vol. 85(C), pages 20-34.
  9. Jeannette Brosig & Joachim Weimann & Chun-Lei Yang, 2003. "The Hot Versus Cold Effect in a Simple Bargaining Experiment," Experimental Economics, Springer, vol. 6(1), pages 75-90, June.
  10. Eckel, Catherine C. & Wilson, Rick K., 2004. "Is trust a risky decision?," Journal of Economic Behavior & Organization, Elsevier, vol. 55(4), pages 447-465, December.
  11. Timothy N. Cason & Vai-Lam Mui, 1998. "Social Influence in the Sequential Dictator Game," Monash Economics Working Papers archive-37, Monash University, Department of Economics.
  12. Berg Joyce & Dickhaut John & McCabe Kevin, 1995. "Trust, Reciprocity, and Social History," Games and Economic Behavior, Elsevier, vol. 10(1), pages 122-142, July.
  13. Charness, Gary B & Brandts, Jordi, 1998. "Hot vs. Cold: Sequential Responses and Preference Stability in Experimental Games," University of California at Santa Barbara, Economics Working Paper Series qt4kx7d5pv, Department of Economics, UC Santa Barbara.
  14. Solnick, Sara J., 2007. "Cash and alternate methods of accounting in an experimental game," Journal of Economic Behavior & Organization, Elsevier, vol. 62(2), pages 316-321, February.
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