Arbeitspapier

Image and misreporting

In this paper we ask if reports of private information about skills, abilities or achievements are affected by image concerns. We develop a simple model that illustrates how image utility can lead to misreporting of private information in contexts where truthful reports maximize monetary outcomes. In addition, we test the model's predictions in a controlled lab experiment. In the experiment, all subjects go through a series of quiz questions and subsequently report a performance measure. We vary if reports are made to an audience or not and find evidence for image effects. In the audience treatment, stated reports are significantly higher than in the private treatment. This suggests that overconfident appearance might be a consequence of social approval seeking. We also find that men state higher self-assessments than women. This gender difference seems to be driven by men responding more strongly to the presence of an audience.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 6425

Klassifikation
Wirtschaft
Design of Experiments: Laboratory, Individual
Asymmetric and Private Information; Mechanism Design
Thema
image concerns
self-assessment
overconfidence
experiment

Ereignis
Geistige Schöpfung
(wer)
Ewers, Mara
Zimmermann, Florian
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2012

Handle
URN
urn:nbn:de:101:1-201207125585
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Ewers, Mara
  • Zimmermann, Florian
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2012

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