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

David Amdur and Ethan Schmick ()
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Ethan Schmick: Muhlenberg College

Economics Bulletin, 2013, vol. 33, issue 1, 687-693

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 is not statistically associated with participants' behavior or beliefs. We find no evidence that the direct-response method induces guilt aversion.

Keywords: Trust; guilt aversion; strategy method; direct-response method; behavioral economics; experimental economics (search for similar items in EconPapers)
JEL-codes: C9 D0 (search for similar items in EconPapers)
Date: 2013-03-12
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Working Paper: Does the direct-response method induce guilt aversion in a trust game? (2012) Downloads
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