Amdur, David and Schmick, Ethan (2012): Does the direct-response method induce guilt aversion in a trust game?
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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 |
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Original Title: | Does the direct-response method induce guilt aversion in a trust game? |
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 |
Item ID: | 40157 |
Depositing User: | David Amdur |
Date Deposited: | 19 Jul 2012 04:51 |
Last Modified: | 28 Sep 2019 11:43 |
References: | Amdur, David and Ethan Schmick, "Supplemental Materials for: Does the Direct-response Method Induce Guilt Aversion in a Trust Game?," Mimeo 2012. Battigalli, Pierpaolo and Martin Dufwenberg, "Guilt in Games," American Economic Review, 2007, 97 (2), 170-176. Brandts, Jordi and Gary Charness, "The Strategy Versus the Direct-response Method: A First Survey of Experimental Comparisons," Experimental Economics, 2011, 14, 375-398. Charness, Gary and Martin Dufwenberg, "Promises and Partnership," Econometrica, 2006, 74 (6), 1579-1601. Charness, Gary and Martin Dufwenberg, "Bare Promises: An Experiment," Economics Letters, 2010, 107 (2), 281-283. Ellingsen, Tore, Magnus Johannesson, Sigve Tjotta, and Gaute Torsvik, "Testing Guilt Aversion," Games and Economic Behavior, 2010, 68 (1), 95-107. Fehr, Ernst and Simon Gachter, "Fairness and Retaliation: The Economics of Reciprocity," Journal of Economic Perspectives, 2000, 14 (3), 159-181. Kawagoe, Toshiji and Yusuke Narita, "Guilt Aversion Revisited: An Experimental Test of a New Model," Mimeo 2011. Reuben, Ernesto, Paola Sapienza, and Luigi Zingales, "Is Mistrust Self-fullling?," Economics Letters, 2009, 104 (2), 89-91. Selten, Reinhard, "Die Strategiemethode zur Erforschung des Eingeschrankt Rationalen Verhaltens im Rahmen eines Oligopolexperiments," in H. Sauermann, ed., Beitrage zur Experimentellen Wirtschaftsforschung, Mohr, 1967, pp. 136-168. Vanberg, Christoph, "Why Do People Keep Their Promises? An Experimental Test of Two Explanations," Econometrica, 2008, 76 (6), 1467-1480. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/40157 |
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Does the direct-response method induce guilt aversion in a trust game? (deposited 18 Jul 2012 20:58)
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