The strategy versus the direct-response method: a first survey of experimental comparisons

By Jordi Brandts, Gary Charness. 2011

740 citations recorded by the source corpus.

In this paper, we present a first survey of the literature regarding whether the strategy method, in which a responder makes conditional decisions for each possible information set, leads to different experimental results than does the more standard direct-response method, in which the responder learns the action of the first mover and then chooses a response. Of the twenty-nine existing comparisons, sixteen find no difference, while four do find differences, and nine comparisons find mixed evidence. We also find some indications about the underlying determinants of when the two methods lead to different responses. For example, it appears that levels of punishment are substantially lower with the strategy method. In addition, it also appears that difference across these elicitation methods are more likely when people make fewer contingent choices. Finally, in no case do we find that a treatment effect found with the strategy method is not observed with the direct-response method.

Subfields: Economics and Econometrics, General Decision Sciences, Safety Research

View Paper: https://www.semanticscholar.org/paper/e888e8d45e3609996051d3e0c75dfee3ce7af440

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

  1. Armin Falk
  2. Stephan Meier
  3. David J. Cooper
  4. John H. Kagel
  5. Christian Zehnder
  6. Ananish Chaudhuri
  7. Winfried Ruigrok
  8. E. Spiegelman

In General Decision Sciences

  1. N. Johnson
  2. Alexandra Mislin
  3. David J. Cooper
  4. Christian Zehnder
  5. John H. Kagel
  6. Stefan Volk
  7. Winfried Ruigrok
  8. E. Spiegelman

In Safety Research

  1. Christian Zehnder
  2. Armin Falk
  3. Ananish Chaudhuri
  4. David J. Cooper
  5. Stephan Meier
  6. N. Johnson
  7. John H. Kagel
  8. Christian Thöni

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