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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 the highest potential reports. Such equilibria induce a distribution … the range of reported lies while the effect of the fixed cost of lying is the opposite. …
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We experimentally investigate the determinants of overconfidence and test the hypothesis, advanced by Robert Trivers, that overconfidence serves to more effectively persuade or deceive others. After performing a cognitively challenging task, half of our subjects are informed about the...
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Why are people so often overconfident? We conduct an experiment to test the hypothesis that people become overconfident …
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stealing. We found that gender contributes to this effect, as women distinguish significantly between lying and stealing, while …
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