Seminar

Determinants of preferences for honesty

Economics

Speaker:Johannes Abeler, University of Oxford
Website: https://sites.google.com/site/johannesabeler/
Date: Friday 13 November 2020
Time: 14.00
Location: Online via Zoom (link available from A.L.Bassett@exeter.ac.uk)

Further details

Reporting private information is a key part of economic decision making. A recent literature has found that many people have a preference for honest reporting, contrary to usual economic assumptions. In this paper, we investigate what determines these preferences. We experimentally measure preferences for honesty in a sample of children. We first document several correlations between a child's reporting behaviour and parents' characteristics. We then provide causal evidence on the effect of the social environment by randomly enrolling children in a year-long mentoring programme. We find that, about four years after the end of the mentoring programme, mentored children are significantly more honest.