Let’s be honest: A review of experimental evidence of honesty and truth-telling |
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| Institution: | 1. Department of Marketing and Management, University of Southern Denmark, Campusvej 55, DK-5230 Odense M, Denmark;2. Management Department, Frankfurt School of Finance and Management, Sonnemannstrasse 9-11, 60314 Frankfurt am Main, Germany;1. School of Business, Carmel Academic Center, 4 Shaar Palmer Street, Haifa 33031, Israel;2. Department of Management and Economics, The Open University of Israel, Raanana, Israel;3. Open University of Israel Research Institute for Policy, Political Economy and Society, Raanana, Israel;4. Department of Economics and Business Administration, The College of Management, Rishon Lezion, Israel;5. School of Management, The Jerusalem College of Technology, Jerusalem, Israel;6. IZA, Bonn, Germany;1. Institute of Food and Resource Economics, University of Copenhagen, Rolighedsvej 23, h102, DK-1958 Frederiksberg C, Copenhagen, Denmark;2. Department of Economics, University of Copenhagen, Øster Farimagsgade 5, DK-1353 Copenhagen K, Denmark;1. Department of Economics, University of Hamburg, Von-Melle-Park 5, 20146 Hamburg, Germany;2. IZA, Germany;3. CESifo, Germany;4. Department of Economics, University of Regensburg, Universitätsstr. 31, 93040 Regensburg, Germany;5. CEPR, UK |
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| Abstract: | Honesty toward strangers can be considered an important norm of any given society. However, despite burgeoning interest in honesty among experimenters, the heterogeneous nature of prior experimental designs obfuscates our understanding of this important topic. The present review of 63 economic and psychological experiments constitutes the first attempt to compare findings across a range of honesty experiments. Our findings across experimental designs suggest the robust presence of unconditional cheaters and non-cheaters, with the honesty of the remaining individuals being particularly susceptible to monitoring and intrinsic lying costs. |
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| Keywords: | Honesty Truth-telling Dishonesty Field experiments Lab experiments |
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