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Expert advice is often biased in ways that benefit the advisor. We demonstrate how selfdeception helps advisors be biased while preserving their self-image as ethical and identify limits to advisors' ability to self-deceive. In experiments where advisors recommend one of two investments to a...
Persistent link: https://www.econbiz.de/10012157246
Expert advice is often biased in ways that benefit the advisor. We demonstrate how self-deception helps advisors be biased while preserving their self-image as ethical and identify limits to advisors' ability to self-deceive. In experiments where advisors recommend one of two investments to a...
Persistent link: https://www.econbiz.de/10012842386
The paper studies the link between corruption and social capital (measured as trust), using data from a lab experiment … behind any such behavioral spillover. Results suggest that a) there is a negative spillover effect of corruption on trust and …
Persistent link: https://www.econbiz.de/10011455846
-monetary disincentives to corruption. In doing so, we also test the Beckarian prediction that at the same level of expected payoff, a low … probability of detection with high penalty is a stronger deterrent to corruption than a high probability of detection with low …
Persistent link: https://www.econbiz.de/10011625352
Official A at almost all individual detection levels. This 'legitimacy' effect may help explain why anti-corruption policies …
Persistent link: https://www.econbiz.de/10011568192
How should we interpret the World Values Survey (WVS) trust question? We conduct an experiment in India, a low trust country, to correlate the WVS trust question with trust decisions in an incentivized Trust Game. Evidence supports findings from one strand of the fractured literature - the WVS...
Persistent link: https://www.econbiz.de/10011457340
Embezzlement is a major concern in various settings. By means of a sequential modified dictator game, we investigate theoretically and experimentally whether making information more transparent and reducing the number of intermediaries in transfer chains can reduce embezzlement and improve the...
Persistent link: https://www.econbiz.de/10011475085
Whistle-blowing by employees plays a major role in uncovering corporate fraud. Various recent laws aim at improving protection of whistle-blowers and enhancing their willingness to report. Evidence on the effectiveness of such legislation is, however, scarce. Moreover, critics have raised...
Persistent link: https://www.econbiz.de/10011619649
Whistle-blowing by employees plays a major role in uncovering corporate fraud. Various recent laws aim at improving protection of whistle-blowers and enhancing their willingness to report. Evidence on the effectiveness of such legislation is, however, scarce. Moreover, critics have raised...
Persistent link: https://www.econbiz.de/10011625350
corruption and tax compliance. We do this through a leniency program. In our experiment we nest collusive corruption within a tax …
Persistent link: https://www.econbiz.de/10011729754