Lying Aversion and the Size of the Lie
Agne Kajackaite and
American Economic Review, 2018, vol. 108, issue 2, 419-53
This paper studies lying. An agent randomly picks a number from a known distribution. She can then report any number and receive a monetary payoff based only on her report. The paper presents a model of lying costs that generates hypotheses regarding behavior. In an experiment, we find that the highest fraction of lies is from reporting the maximal outcome, but some participants do not make the maximal lie. More participants lie partially when the experimenter cannot observe their outcomes than when the experimenter can verify the observed outcome. Partial lying increases when the prior probability of the highest outcome decreases.
JEL-codes: C91 D12 D90 Z13 (search for similar items in EconPapers)
Note: DOI: 10.1257/aer.20161553
References: Add references at CitEc
Citations: View citations in EconPapers (253) Track citations by RSS feed
Downloads: (external link)
https://www.aeaweb.org/articles/attachments?retrie ... DM8MmAgy4x9_COUZTp2W (application/pdf)
https://www.aeaweb.org/articles/attachments?retrie ... YwDbRvXu5fSIZ5W-bVtl (application/zip)
Access to full text is restricted to AEA members and institutional subscribers.
Working Paper: Lying Aversion and the Size of the Lie (2017)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:aea:aecrev:v:108:y:2018:i:2:p:419-53
Ordering information: This journal article can be ordered from
Access Statistics for this article
American Economic Review is currently edited by Esther Duflo
More articles in American Economic Review from American Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Michael P. Albert ().