We report data from a two-stage prediction game, where the accuracy of predictions (in the first stage) regarding die roll outcomes (in the second stage) is rewarded using a proper scoring rule. Thus, given the opportunity to self-report the die roll outcomes, participants have an incentive to bias their predictions to maximize elicitation payoffs. However, we find participants to be surprisingly unresponsive to this incentive, despite clear evidence that they cheated when self-reporting die roll outcomes. These data lend support to Akerlof's (1983) suggestion that people may prefer to appear honest without actually being honest. In particular, the vast majority (95%) of our subjects were willing to incur a cost to preserve an honest appearance. At the same time, only 44% exhibited intrinsic preference for honesty. Moreover, we found that after establishing an honest appearance people cheat to the greatest possible extent. These results suggest that "incomplete cheating" behavior frequently reported in the literature can be attributed more to a preference for maintaining appearances than an intrinsic aversion to maximum cheating.
|Date of creation:||Mar 2011|
|Contact details of provider:|| Postal: 4400 University Drive, MSN 1B2, Fairfax, VA 22030|
Web page: http://ices.gmu.edu/
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Sjaak Hurkens & Navin Kartik, 2009. "Would I lie to you? On social preferences and lying aversion," Experimental Economics, Springer;Economic Science Association, vol. 12(2), pages 180-192, June.
- Steffen Andersen & John Fountain & Glenn Harrison & E. Rutström, 2014.
"Estimating subjective probabilities,"
Journal of Risk and Uncertainty,
Springer, vol. 48(3), pages 207-229, June.
- Steffen Andersen & John Fountain & Glenn W. Harrison & E. Elisabet RutstrÃ¶m, 2010. "Estimating Subjective Probabilities," Experimental Economics Center Working Paper Series 2010-08, Experimental Economics Center, Andrew Young School of Policy Studies, Georgia State University.
- Andersen, Steffen & Fountain, John & Harrison, Glenn W. & Rutström, Elisabet E., 2009. "Estimating Subjective Probabilities," Working Papers 05-2009, Copenhagen Business School, Department of Economics.
- Houser, Daniel & Vetter, Stefan & Winter, Joachim, 2012.
"Fairness and cheating,"
European Economic Review,
Elsevier, vol. 56(8), pages 1645-1655.
- Houser, Daniel & Vetter, Stefan & Winter, Joachim, 2010. "Fairness and Cheating," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 335, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Houser, Daniel & Vetter, Stefan & Winter, Joachim, 2012. "Fairness and cheating," Munich Reprints in Economics 19375, University of Munich, Department of Economics.
- Daniel Houser & Stefan Vetter & Joachim Winter, 2011. "Fairness and Cheating," Working Papers 1019, George Mason University, Interdisciplinary Center for Economic Science.
- Lundquist, Tobias & Ellingsen, Tore & Gribbe, Erik & Johannesson, Magnus, 2009.
"The aversion to lying,"
Journal of Economic Behavior & Organization,
Elsevier, vol. 70(1-2), pages 81-92, May.
- Santiago Sanchez-Pages & Marc Vorsatz, 2004.
"An Experimental Study of Truth-Telling in a Sender-Receiver Game,"
ESE Discussion Papers
128, Edinburgh School of Economics, University of Edinburgh.
- Sanchez-Pages, Santiago & Vorsatz, Marc, 2007. "An experimental study of truth-telling in a sender-receiver game," Games and Economic Behavior, Elsevier, vol. 61(1), pages 86-112, October.
- Tore Ellingsen & Magnus Johannesson, 2004. "Promises, Threats and Fairness," Economic Journal, Royal Economic Society, vol. 114(495), pages 397-420, 04.
- Santiago Sanchez-Pages, 2007.
"Enjoy the Silence: An Experiment on Truth-Telling,"
ESE Discussion Papers
155, Edinburgh School of Economics, University of Edinburgh.
- Daniel Houser & Erte Xiao, 2011. "Classification of natural language messages using a coordination game," Experimental Economics, Springer;Economic Science Association, vol. 14(1), pages 1-14, March.
When requesting a correction, please mention this item's handle: RePEc:gms:wpaper:1021. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Stan Tsirulnikov)
If references are entirely missing, you can add them using this form.