Asymmetric default bias in dishonesty – how defaults work but only when in one’s favor
AbstractBased on a dice rolling task where participants can cheat on the outcome, this paper asks if default answers change dishonesty? The paper finds that various default answers have asymmetric effects. Compared to not having a default answer at all, providing a low default answer, or adding the expected mean as the default answer when participants report the outcome of the task do not affect behavior. Adding a high default answer, however, significantly increases the reported outcome.
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Bibliographic InfoPaper provided by University of Copenhagen, Department of Food and Resource Economics in its series IFRO Working Paper with number 2013/8.
Length: 10 pages
Date of creation: Apr 2013
Date of revision:
Dice task; Cheating; Default bias;
Find related papers by JEL classification:
- C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
- D03 - Microeconomics - - General - - - Behavioral Microeconomics; Underlying Principles
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-04-13 (All new papers)
- NEP-CBE-2013-04-13 (Cognitive & Behavioural Economics)
- NEP-EXP-2013-04-13 (Experimental Economics)
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