Loss aversion and lying behavior

B-Tier
Journal: Journal of Economic Behavior and Organization
Year: 2019
Volume: 158
Issue: C
Pages: 379-393

Authors (3)

Garbarino, Ellen (not in RePEc) Slonim, Robert (not in RePEc) Villeval, Marie Claire (Institute of Labor Economics (...)

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We theoretically show that loss-averse agents are more likely to lie to avoid receiving a low payoff after a random draw the lower the ex-ante probability of this bad outcome. The ex-ante expected payoff increases as the bad outcome becomes less likely, and hence the greater is the loss avoided by lying. We demonstrate robust support for this theory by reanalyzing the results from the extant literature and with a new experiment that varies the outcome probabilities and is run double-anonymous.

Technical Details

RePEc Handle
repec:eee:jeborg:v:158:y:2019:i:c:p:379-393
Journal Field
Theory
Author Count
3
Added to Database
2026-01-29