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

By David Amdur and Ethan Schmick

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.

Topics: D03 - Behavioral Economics; Underlying Principles, A13 - Relation of Economics to Social Values, C91 - Laboratory, Individual Behavior
Year: 2012
DOI identifier: 10.2139/ssrn.2112715
OAI identifier: oai:mpra.ub.uni-muenchen.de:40157

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