278 the accounting review april 2002 table 3 average

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Unformatted text preview: ettings. In the NP / SG setting, all 11 pairs had 18 rounds during the regular play phase, thus producing 198 choices (11 pairs 18 rounds 198). An Appendix is available upon request that details individual subjects’ choices. The approximate randomization approach generates a test statistic from the actual data, then the data are combined and repeatedly partitioned and the statistic is recomputed for each of the random partitions. The p-values represent the percentage of times the statistic from 40,000 random partitions is less than the test statistic for the actual data. Edgington (1987) discusses the approximate randomization method. 278 The Accounting Review, April 2002 TABLE 3 Average Audit Index, Average Fraud Index, and Average Payoff Difference for Regular Play Phasea Differences of Measures across the Puffery Settings No-Puffery Setting Weak Group Setting Average Audit Index Average Fraud Index Average Payoff Differences (Manager Payoff minus Auditor Payoffs) Strong Group Setting Audit Index Frau...
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This note was uploaded on 01/27/2014 for the course ACCY 405 taught by Professor Staff during the Fall '08 term at University of Illinois, Urbana Champaign.

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