Economic Decision-Making and Accounting Recordkeeping: Towards an Experimental Investigation

トリヒキ　ノ　イシ　ケッテイ　ト　カイケイ　キロク　トウシ　ゲーム　ジッケン　ニ　ヨル　ケンショウ　ニ　ムケテ

ミワ, カズノリ

Miwa, Kazunori

The Economic Society of Osaka University

オオサカ　ダイガク　ケイザイ　ガッカイ

評判

会計記録

会計情報

investment game

reputation

accounting record

accounting information

This paper considers the exchange guidance role of accounting information. In particular, I examine the relationship between exchange decisions and recordkeeping which lies at the core of all accounting system. Basu et al. (2009) experimentally demonstrate a causal link between recordkeeping and reciprocal exchange. They use a repeated investment game experiment and find that recordkeeping improves the memory of past interactions in a complex exchange environment, and thus promotes reputation formation and decision coordination. However, the recordkeeping procedures used by Basu et al. (2009) are rather different from accounting recording rules. Therefore, I modify their experimental design to make it more similar to accounting recording and conduct a pilot test. The results of the pilot test are largely consistent with those of Basu et al. (2009).