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Third Party Assessments in Trust Problems with Conflict of Interest: An Experiment on the Effects of Promises

  • Mitesh Kataria


    (Max Planck Institute of Economics, Strategic Interaction Group, Jena)

  • Fabian Winter

    (Max Planck Institute of Economics, Strategic Interaction Group, Jena)

Is it possible to elicit reliable assessment from an assessor with conflict of interest (e.g. a professor that writes a recommendation letter for a formal PhD student)? We propose an experimental test and show that compared to a not-incentivized assessment, a promise to give a truthful assessment reduces misreporting to the same extent as incentivized assessment (i.e. when assessor gain higher payoff if assessment is correct).

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Paper provided by Friedrich-Schiller-University Jena in its series Jena Economic Research Papers with number 2012-067.

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Date of creation: 12 Dec 2012
Date of revision:
Handle: RePEc:jrp:jrpwrp:2012-067
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  1. Daniel Zizzo, 2010. "Experimenter demand effects in economic experiments," Experimental Economics, Springer, vol. 13(1), pages 75-98, March.
  2. Christoph Vanberg, 2008. "Why Do People Keep Their Promises? An Experimental Test of Two Explanations -super-1," Econometrica, Econometric Society, vol. 76(6), pages 1467-1480, November.
  3. Carlsson, Fredrik & Kataria, Mitesh & Krupnick, Alan & Lampi, Elina & Löfgren, Åsa & Qin, Ping & Sterner, Thomas & Chung, Susie, 2010. "The Truth, the Whole Truth, and Nothing but the Truth - A Multiple Country Test of an Oath Script," Working Papers in Economics 473, University of Gothenburg, Department of Economics.
  4. Tore Ellingsen & Magnus Johannesson, 2004. "Promises, Threats and Fairness," Economic Journal, Royal Economic Society, vol. 114(495), pages 397-420, 04.
  5. Greiner, Ben, 2004. "An Online Recruitment System for Economic Experiments," MPRA Paper 13513, University Library of Munich, Germany.
  6. Gary Charness & Martin Dufwenberg, 2006. "Promises and Partnership," Econometrica, Econometric Society, vol. 74(6), pages 1579-1601, November.
  7. Nicolas Jacquemet & Robert-Vincent Joule & Stephane Luchini & Jason Shogren, 2013. "Preference Elicitation under Oath," PSE - Labex "OSE-Ouvrir la Science Economique" halshs-00731244, HAL.
  8. Charness, Gary B & Dufwenberg, Martin, 2006. "Promises & Partnership," University of California at Santa Barbara, Economics Working Paper Series qt0127h86v, Department of Economics, UC Santa Barbara.
  9. Urs Fischbacher, 2007. "z-Tree: Zurich toolbox for ready-made economic experiments," Experimental Economics, Springer, vol. 10(2), pages 171-178, June.
  10. repec:hal:cesptp:halshs-00731244 is not listed on IDEAS
  11. Charness, Gary & Dufwenberg, Martin, 2010. "Bare promises: An experiment," Economics Letters, Elsevier, vol. 107(2), pages 281-283, May.
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