@article{PetrishchevaRienerSchildbergHoerisch2021,
  author    = {Petrishcheva, Vasilisa and Riener, Gerhard and Schildberg-H{\"o}risch, Hannah},
  title     = {Loss aversion in social image concerns},
  series = {Experimental economics : a journal of the Economic Science Association},
  volume    = {26},
  journal   = {Experimental economics : a journal of the Economic Science Association},
  number    = {3},
  publisher = {Springer Science + Business Media B.V.},
  address   = {Dordrecht},
  issn      = {1386-4157},
  doi       = {10.1007/s10683-022-09782-7},
  pages     = {622 -- 645},
  year      = {2021},
  abstract  = {Does loss aversion apply to social image concerns? In a laboratory experiment, we first induce social image in a relevant domain, intelligence, through public ranking. In a second stage, subjects experience a change in rank and are offered scope for lying to improve their final, also publicly reported rank. Subjects who care about social image and experience a decline in rank lie more than those experiencing gains. Moreover, we document a discontinuity in lying behavior when moving from rank losses to gains. Our results are in line with loss aversion in social image concerns.},
  language  = {en}
}