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Do economists lie more?

Eric Barker
March 2, 2012

Yes. And it seems the effect is causal: studying business and economics makes you more likely to lie:

Recent experimental evidence suggests that some people dislike telling lies, and tell the truth even at a cost. We use experiments as well to study the socio-demographic covariates of such lie aversion, and find gender and religiosity to be without predictive value. However, subjectsâ major is predictive: Business and Economics (B&E) subjects lie significantly more frequently than other majors. This is true even after controlling for subjectsâ beliefs about the overall rate of deception, which predict behavior very well: Although B&E subjects expect most others to lie in our decision problem, the effect of major remains. An instrumental variables analysis suggests that the effect is not simply one of selection: It seems that studying B&E has a causal impact on behavior.

Source: “Do Economists Lie More?” from ECONOMIC ANALYSIS WORKING PAPER SERIES,  Working Paper 4/2012

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Post Information
Title Do economists lie more?
Author Eric Barker
Date March 2, 2012 7:23 PM UTC (12 years ago)
Blog bakadesuyo
Archive Link https://theredarchive.com/blog/bakadesuyo/do-economists-lie-more.14581
https://theredarchive.com/blog/14581
Original Link https://www.bakadesuyo.com/2012/03/do-economists-lie-more/
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