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Do Economists Lie More?

Raúl López-Pérez and Eli Spiegelman ()

No 2012/04, Working Papers in Economic Theory from Universidad Autónoma de Madrid (Spain), Department of Economic Analysis (Economic Theory and Economic History)

Abstract: 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.

Keywords: Communication; honesty; lie aversion; major; norms. (search for similar items in EconPapers)
JEL-codes: C70 C91 D03 D64 (search for similar items in EconPapers)
Pages: 19 pages
Date: 2012-02
New Economics Papers: this item is included in nep-cbe, nep-evo, nep-exp and nep-sog
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (11) Track citations by RSS feed

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Persistent link: https://EconPapers.repec.org/RePEc:uam:wpaper:201204

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