Abstract
We conduct a series of experiments and document a robust behavioral pattern whereby people behave more morally in uncertain environments than degenerate deterministic ones. We show that this pattern is weakened when the moral implication of behavior is diminished or when uncertainty pertains to others rather than oneself. These findings are incompatible with standard models that respect dominance. We propose a mechanism based on the anxiety aspect of uncertain environments whereby people act morally as if their moral behavior can help deliver a better outcome. We further delve into the complexity aspect of uncertainty to arrive at a more comprehensive understanding of these findings.
| Original language | English |
|---|---|
| Pages (from-to) | 439-462 |
| Number of pages | 24 |
| Journal | Econometrica |
| Volume | 93 |
| Issue number | 2 |
| DOIs | |
| Publication status | Published - Mar 2025 |
Bibliographical note
We thank the helpful comments and discussions of Soo Hong Chew, Syngjoo Choi, Itzhak Gilboa, Lorenz Goette, Yoram Halevy, Jian Li, Yucheng Liang, Wooyoung Lim, George Loewenstein, Bin Miao, Jianying Qiu, Xiangyu Qu, Emanuel Vespa, Peter Wakker, and Chen Zhao, seminar participants at Carnegie Mellon University, CUHK-HKU-HKUST Joint Theory Seminar Series, Erasmus University Rotterdam, Hong Kong Baptist University, Hong Kong University of Science and Technology, Tsinghua University, and Virtual East Asia Experimental and Behavioral Economics Seminar Series, and participants at Risk, Uncertainty and Decision (2023); Decision: Theory, Experiments, and Applications (2022); and ESA Global Around-the-Clock Virtual Conference (2020). The previous version of this project was circulated under the title “Uncertainty Motivates Morality.”Funding
For financial support, Chen acknowledges National Natural Science Foundation of China (72303195) and Zhong acknowledges Singapore Ministry of Education (Academic Research Fund Tier 1 from the National University of Singapore).
Keywords
- experiment
- lying aversion
- morality
- social preference
- Uncertainty