Does the direct-response method induce guilt aversion in a trust game?
AbstractWe compare the strategy and direct-response methods in a one-shot trust game with hidden action. In our experiment, the decision elicitation method affects neither participants' behavior nor their beliefs about this behavior. We conclude that the direct-response method does not, by itself, induce guilt aversion.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 40148.
Date of creation: Jun 2012
Date of revision:
Trust; guilt aversion; strategy method; direct-response method; behavioral economics; experimental economics;
Other versions of this item:
- David Amdur & Ethan Schmick, 2013. "Does the direct-response method induce guilt aversion in a trust game?," Economics Bulletin, AccessEcon, vol. 33(1), pages 687-693.
- D03 - Microeconomics - - General - - - Behavioral Microeconomics; Underlying Principles
- A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
- C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-07-29 (All new papers)
- NEP-CBE-2012-07-29 (Cognitive & Behavioural Economics)
- NEP-EVO-2012-07-29 (Evolutionary Economics)
- NEP-EXP-2012-07-29 (Experimental Economics)
- NEP-GTH-2012-07-29 (Game Theory)
- NEP-HPE-2012-07-29 (History & Philosophy of Economics)
- NEP-SOC-2012-07-29 (Social Norms & Social Capital)
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