EconPapers    
Economics at your fingertips  
 

Experienced vs. inexperienced participants in the lab: do they behave differently?

Volker Benndorf (), Claudia Moellers () and Hans-Theo Normann ()
Additional contact information
Volker Benndorf: Goethe University Frankfurt
Claudia Moellers: Heinrich Heine University Düsseldorf
Hans-Theo Normann: Heinrich Heine University Düsseldorf

Journal of the Economic Science Association, 2017, vol. 3, issue 1, 12-25

Abstract: Abstract We analyze whether subjects with extensive laboratory experience and first-time participants, who voluntarily registered for the experiment, differ in their behavior. Subjects play four one-shot, two-player games: a trust game, a beauty contest, an ultimatum game, a traveler’s dilemma and, in addition, we conduct a single-player lying task and elicit risk preferences. We find few significant differences. In the trust game, experienced subjects are less trustworthy and they also trust less. Furthermore, experienced subjects submit fewer non-monotonic strategies in the risk elicitation task. We find no differences whatsoever in the other decisions. Nevertheless, the minor differences observed between experienced and inexperienced subjects may be relevant because we document a potential recruitment bias: the share of inexperienced subjects may be lower in the early recruitment waves.

Keywords: Dilemma; Experienced subjects; Laboratory methods; Trust game (search for similar items in EconPapers)
JEL-codes: C90 C70 C72 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6) Track citations by RSS feed

Downloads: (external link)
http://link.springer.com/10.1007/s40881-017-0036-z Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:jesaex:v:3:y:2017:i:1:d:10.1007_s40881-017-0036-z

Ordering information: This journal article can be ordered from
http://www.springer.com/journal/40881

Access Statistics for this article

Journal of the Economic Science Association is currently edited by Nikos Nikiforakis and Robert Slonim

More articles in Journal of the Economic Science Association from Springer, Economic Science Association Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla ().

 
Page updated 2019-11-06
Handle: RePEc:spr:jesaex:v:3:y:2017:i:1:d:10.1007_s40881-017-0036-z