TY  - JOUR
A1  - Petrishcheva, Vasilisa
A1  - Riener, Gerhard
A1  - Schildberg-Hörisch, Hannah
T1  - Loss aversion in social image concerns
T2  - Experimental economics : a journal of the Economic Science Association
N2  - 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.
KW  - loss aversion
KW  - social image concerns
KW  - lying behavior
KW  - laboratory experiment
Y1  - 2021
UR  - https://publishup.uni-potsdam.de/frontdoor/index/index/docId/63236
SN  - 1386-4157
SN  - 1573-6938
VL  - 26
IS  - 3
SP  - 622
EP  - 645
PB  - Springer Science + Business Media B.V.
CY  - Dordrecht
ER  -