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Economics of Lies: Causes, Determinants and Experimental Measurements

Author

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  • Aleksey Belyanin

    (National Research University Higher School of Economics, Moscow, Russia)

Abstract

The goal of this article is twofold. First, we present the foundations of modern economic approach to lie (cheating) and survey its experimental measurements, which are being actively developed in recent years. Second, we describe design and results of several experiments in Russia performed at the laboratory of experimental and behavioural economics of HSE. Our results confirm the hypotheses that decisions to lie depend crucially on the potential gain from cheating, as well as on moral considerations, such as dignity and self-respect, which have to be sacrifized in case one decides to cheat. In particular, cheating in Russia was found to be even lower than in most analogous studies in other countries, especially among the mature and responsible experimental participants.

Suggested Citation

  • Aleksey Belyanin, 2017. "Economics of Lies: Causes, Determinants and Experimental Measurements," HSE Economic Journal, National Research University Higher School of Economics, vol. 21(2), pages 201-223.
  • Handle: RePEc:hig:ecohse:2017:2:1
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    More about this item

    Keywords

    cheating/lies; experiment; behavioural economics;
    All these keywords.

    JEL classification:

    • C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness

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