Is there a link between endowment inequality and deception? - an analysis of students and chess players.

ABSTRACT: This paper investigates experimentally the relationship between inequality in endowment and deception. Our basic design is adopted from Gneezy (2005): two players interact in a deception game. It is common knowledge that player 1 has private information about the payoffs for both players of two alternative actions. Player 1 sends a message to player 2, indicating which alternative putatively will end up in a higher payoff for player 2. The message, which can either be true or false, does not affect the payoffs of the players. Player 2 has no information about the payoffs. However, player 2 selects one of the two alternatives A or B, which is payoff-relevant for both players. Our paper adds value to the literature by extending Gneezy (2005) in two ways. First, we systematically vary the ini

SUBMITTER: Gruner S 

PROVIDER: S-EPMC8794128 | biostudies-literature | 2022

REPOSITORIES: biostudies-literature