Showing 1 - 10 of 56
We study equilibrium reporting behavior in Fischbacher and Föllmi-Heusi (2013) type cheating games when agents have a fixed cost of lying and image concerns not to be perceived as a liar. We show that equilibria naturally arise in which agents with low costs of lying randomize among a set of...
Persistent link: https://www.econbiz.de/10011615902
design and implementation characteristics such as the use of financial incentives, deception, and the way information is …
Persistent link: https://www.econbiz.de/10010276095
Time is a crucial determinant of deception, since some misreporting opportunities come as a surprise and require an … dimension for dishonest decision-making and for the cognition process of the chance to deceive. We conduct a laboratory … experiment of self-serving deceptive behavior which combines two exogenously varied levels of reflection time with a cognition …
Persistent link: https://www.econbiz.de/10011744977
This paper reports on experiments regarding cheap talk games where senders attempt deception when their interests are …
Persistent link: https://www.econbiz.de/10012492996
Research about narratives’ role in economics is scarce, while real word experience and research in other sciences … suggest they matter a lot. This article proposes a view and methodology for quantifying the epidemiology of media narratives … relevant to business cycles in the US, Japan, and Europe. We do so by first constructing quantitative measures of narratives …
Persistent link: https://www.econbiz.de/10012018159
For many decisions, people rely on information received from others by word of mouth. How does the process of verbal transmission distort economic information? In our experiments, participants listen to audio recordings containing economic forecasts and are paid to accurately transmit the...
Persistent link: https://www.econbiz.de/10014534411
our model, political entrepreneurs discover identity and worldview "memes" (narratives, cues, frames) that shift beliefs …
Persistent link: https://www.econbiz.de/10013177535
For most decisions, we rely on information encountered over the course of days, months or years. We consume this information in various forms, including abstract summaries of multiple data points – statistics – and contextualized anecdotes about individual instances – stories. This paper...
Persistent link: https://www.econbiz.de/10013470365
, we examine the use of narratives as a persuasive tool in the context of financial advice where advisors may hold … mechanisms that govern narrative persuasion. First, we show that advisors construct self-interested narratives and make them …' beliefs about the future performance of a company. Third, we identify the types of narratives that investors find convincing …
Persistent link: https://www.econbiz.de/10014290116
We provide evidence on narratives about the macroeconomy—the stories people tell to explain macroeconomic phenomena …—in the context of a historic surge in inflation. We measure economic narratives in open-ended survey responses and represent … experts and document three main findings. First, households' narratives are strongly heterogeneous and coarser than experts …
Persistent link: https://www.econbiz.de/10014377509