Konferenzbeitrag
Loss aversion in social image concerns
We conduct a laboratory experiment to explore whether loss aversion applies to social image concerns. First, subjects are ranked publicly in a social image relevant domain, an IQ test, to establish own rank as a within-subject reference point. We then induce an exogenous change in within-subject rank and offer scope for lying about it to test whether subjects whose rank exogenously deteriorates (loss in social image) lie more than those who experience an equally-sized gain in rank (gain in social image). We find evidence for loss aversion in social image concerns, however, only for subjects who strongly care about their social image and have reputation to lose (high initial reference point).
- Sprache
-
Englisch
- Erschienen in
-
Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2020: Gender Economics
- Klassifikation
-
Wirtschaft
Design of Experiments: Laboratory, Individual
Micro-Based Behavioral Economics: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making‡
- Thema
-
loss aversion
social image concerns
lying behavior
laboratory experiment
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Petrishcheva, Vasilisa
Riener, Gerhard
Schildberg-Hörisch, Hannah
- Ereignis
-
Veröffentlichung
- (wer)
-
ZBW - Leibniz Information Centre for Economics
- (wo)
-
Kiel, Hamburg
- (wann)
-
2020
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Konferenzbeitrag
Beteiligte
- Petrishcheva, Vasilisa
- Riener, Gerhard
- Schildberg-Hörisch, Hannah
- ZBW - Leibniz Information Centre for Economics
Entstanden
- 2020
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