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David Amdur and Ethan Schmick |
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''Does the direct-response method induce guilt aversion in a trust game?'' |
( 2013, Vol. 33 No.1 ) |
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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.
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Keywords: Trust, guilt aversion, strategy method, direct-response method, behavioral economics, experimental economics |
JEL: C9 - Design of Experiments: General
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Manuscript Received : Jan 12 2013 | | Manuscript Accepted : Mar 12 2013 |
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