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A Solution to the Problem of Deception in Economics Experiments

Author

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  • Bardsley, N.

Abstract

This paper outlines a method of procuring the benefits of deception in experiments without actually deceiving subjects, which should be suitable for many experimental economics environments. This is done by a modification of an already standard design, the Random Lottery incentive system, which replaces the deceptive scenarios of designs which use deceit with fictitious scenarios, each of which, from a subject's viewpoint, has a chance of being true. It is shown that Weimann's (1994) experiment, which used deception, could be re-run using the new design so as to eliminate the deception completely.

Suggested Citation

  • Bardsley, N., 1999. "A Solution to the Problem of Deception in Economics Experiments," University of East Anglia Discussion Papers in Economics 9901, School of Economics, University of East Anglia, Norwich, UK..
    • Handle: RePEc:uea:papers:9901
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    Keywords

    EXPERIMENTS;

    JEL classification:

    • C9 - Mathematical and Quantitative Methods - - Design of Experiments

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