Does the direct-response method induce guilt aversion in a trust game?

David, Amdur and Ethan, Schmick (2012): Does the direct-response method induce guilt aversion in a trust game?

Abstract

We 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.

• Item Type: MPRA Paper
• Language: English
• Keywords: Trust; guilt aversion; strategy method; direct-response method; behavioral economics; experimental economics
• Subjects: D - Microeconomics > D0 - General > D03 - Behavioral Microeconomics: Underlying Principles; A - General Economics and Teaching > A1 - General Economics > A13 - Relation of Economics to Social Values; C - Mathematical and Quantitative Methods > C9 - Design of Experiments > C91 - Laboratory, Individual Behavior

References

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