Friday 24 July 14:05
- 15:35
Hall: 12 - Polveriera
Chair and Presenter:
Tan Jonathan
Discussant:
Holzl Erik
Division: Division 9: Economic Psychology
The social capital of trust has served as a behavioral foundation of cooperation in societies through the ages. On the flipside, dishonesty and the failure to comply can likewise undermine such efforts. Indeed, trust can be invested not only in pecuniary terms but also in the domain of information, such as that of advice. In this symposium, we consider five diverse but related perspectives and applications on information, trust and dishonesty. We begin our journey with understanding trust in AI advisors versus humans in investment choices (Riyanto), mirrored by how the incentive mis/alignment shape the lies of advisors (Li), with motivated reasoning as the cognitive basis of dishonesty (Tan), and rounded up with evidence on the sheer power of authority over garnering compliance (Zizzo).