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Replication: Cheating, loss aversion, and moral attitudes in Vietnam

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  • Duc Huynh, Toan Luu

Abstract

We use the coin-flip paradigm and a short survey about moral attitudes under three conditions to answer three questions: (i) Do people cheat more when financial incentives are present in comparison with no incentives? (ii) Do they find it more difficult to maintain their ethical standards when they have been given a small amount of money? and (iii) Do moral attitudes predict cheating behavior? Using a sample of Vietnamese college students, we discover that a financial incentive does not matter until people feel that they are facing a loss. In addition, we do not find any evidence that moral attitudes could predict the unethical behavior in our sample. Our findings shed further light on cheating behaviors and loss aversion through an experimental investigation.

Suggested Citation

  • Duc Huynh, Toan Luu, 2020. "Replication: Cheating, loss aversion, and moral attitudes in Vietnam," Journal of Economic Psychology, Elsevier, vol. 78(C).
  • Handle: RePEc:eee:joepsy:v:78:y:2020:i:c:s0167487020300349
    DOI: 10.1016/j.joep.2020.102277
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    More about this item

    Keywords

    Coin flip; Cheating; Lying; Loss aversion; Moral attitudes;
    All these keywords.

    JEL classification:

    • C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
    • J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making

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