Do Economists Lie More?
Recent experimental evidence suggests that some people dislike telling lies, and tell the truth even at a cost. We use experiments as well to study the socio-demographic covariates of such lie aversion, and find gender and religiosity to be without predictive value. However, subjects’ major is predictive: Business and Economics (B&E) subjects lie significantly more frequently than other majors. This is true even after controlling for subjects’ beliefs about the overall rate of deception, which predict behavior very well: Although B&E subjects expect most others to lie in our decision problem, the effect of major remains. An instrumental variables analysis suggests that the effect is not simply one of selection: It seems that studying B&E has a causal impact on behavior.
|Date of creation:||Feb 2012|
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- Tore Ellingsen & Magnus Johannesson, 2004. "Promises, Threats and Fairness," Economic Journal, Royal Economic Society, vol. 114(495), pages 397-420, 04.
- Tobias Lundquist & Tore Ellingsen & Erik Gribbe & Magnus Johannesson, 2009.
"The Aversion to Lying,"
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- Raúl López-Pérez & Eli Spiegelman, 2013. "Why do people tell the truth? Experimental evidence for pure lie aversion," Experimental Economics, Springer;Economic Science Association, vol. 16(3), pages 233-247, September.
- Holm, Håkan J. & Kawagoe, Toshiji, 2010.
"Face-to-face lying - An experimental study in Sweden and Japan,"
Journal of Economic Psychology,
Elsevier, vol. 31(3), pages 310-321, June.
- Holm, Håkan J. & Kawagoe, Toshiji, 2008. "Face-to-Face Lying – an experimental study in Sweden and Japan," Working Papers 2008:5, Lund University, Department of Economics.
- Dreber, Anna & Johannesson, Magnus, 2008. "Gender differences in deception," Economics Letters, Elsevier, vol. 99(1), pages 197-199, April.
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