Showing 41 - 50 of 78,793
This paper shows that a transaction tax makes trades in decentralized markets more information sensitive and enlarges the range of information costs for which the equilibrium exhibits private information acquisition and endogenous adverse selection. A transaction tax reduces the probability of...
Persistent link: https://www.econbiz.de/10013259519
Persistent link: https://www.econbiz.de/10010211178
others. Thus viewed, lies are the cardinal virtues for survival and, by implication, the carriers of evolution. In the human … to take up a definite moral attitude. Certain types of lies might be morally acceptable and socially beneficial since … they may block the otherwise (most damaging) global optimum solution of a negative sum game, while other types of lies are …
Persistent link: https://www.econbiz.de/10008498459
Persistent link: https://www.econbiz.de/10010198463
Why are people so often overconfident? We conduct an experiment to test the hypothesis that people become overconfident to more effectively persuade or deceive others. After performing a cognitively challenging task, half of our subjects are informed that they can earn money by convincing others...
Persistent link: https://www.econbiz.de/10011663455
in the ensuing interactions, unless the evaluators have been explicitly instructed to watch out for lies. These results …
Persistent link: https://www.econbiz.de/10011451529
We report results from a sender-receiver deception game, which tests whether an individual's decision to deceive is … order to obtain a higher payoff. A sender is positively biased if he thinks that he is higher in the deception distribution … information about the deception of his peers. The experimental data confirm this. We conclude that concern for relative standing …
Persistent link: https://www.econbiz.de/10010409384
Time is a crucial determinant of deception, since some misreporting opportunities come as a surprise and require an … process about the deception opportunity. We find that time pressure leads to more honesty compared to sufficient contemplation …
Persistent link: https://www.econbiz.de/10011744977
in the ensuing interactions, unless the evaluators have been explicitly instructed to watch out for lies. These results …
Persistent link: https://www.econbiz.de/10011441641
We report results from a sender-receiver deception game, which tests whether an individual's decision to deceive is … order to obtain a higher payoff. A sender is positively biased if he thinks that he is higher in the deception distribution … information about the deception of his peers. The experimental data confirm this. We conclude that concern for relative standing …
Persistent link: https://www.econbiz.de/10010404042