Abstract
We theoretically formulate the idea that if a person stays silent in a situation where a promise could have been made, then he or she will subsequently act as if having a license to be selfish. We then report results from an experimental test that provides some support.
Original language | English (US) |
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Pages (from-to) | 68-70 |
Number of pages | 3 |
Journal | Economics Letters |
Volume | 182 |
DOIs | |
State | Published - Sep 2019 |
Keywords
- Active-non-communication
- Cost of lying
- Pre-fab promises
- Psychological costs
- Trust game
ASJC Scopus subject areas
- Finance
- Economics and Econometrics