Pecunia non olet: on the self-selection into (dis)honest earning opportunities

Artikel

We study self-selection into earning money in an honest or dishonest fashion based on individuals' attitudes toward truthful reporting. We propose a decision-theoretic framework where individuals' willingness to pay for honest earnings is determined by their (behavioral) lying costs. Our laboratory experiment identifies lying costs as the decisive factor causing self-selection into honest earning opportunities for individuals with high costs and into cheating opportunities for those prepared to misreport. Our experimental setup allows us to recover individual lying costs and their distribution in the population.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Journal: Experimental Economics ; ISSN: 1573-6938 ; Volume: 24 ; Year: 2021 ; Issue: 4 ; Pages: 1105-1130 ; New York, NY: Springer US

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Design of Experiments: Laboratory, Individual ; Criteria for Decision-Making under Risk and Uncertainty ; Micro-Based Behavioral Economics: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making‡ ; Illegal Behavior and the Enforcement of Law
• Thema: Lying behavior ; Lying costs ; Misreporting ; Honest earnings ; Self-selection ; Laboratory experiment

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Konrad, Kai A. ; Lohse, Tim ; Simon, Sven A.
• Ereignis: Veröffentlichung
• (wer): Springer US
• (wo): New York, NY
• (wann): 2021

Weitere Informationen

• DOI: doi:10.1007/s10683-020-09691-7
• Letzte Aktualisierung: 10.03.2025, 11:43 MEZ