In this paper we conduct a laboratory experiment to test the extent to which Moore and Repullo’s subgame perfect implementation mechanism induces truth-telling in practice, both in a setting with perfect information and in a setting where buyers and sellers face a small amount of uncertainty regarding the good’s value. We find that Moore-Repullo mechanisms fail to implement truth-telling in a s...

Telling a lie takes longer than telling the truth but precisely why remains uncertain. We investigated two processes suggested to increase response times, namely the decision to lie and the construction of a lie response. In Experiments 1 and 2, participants were directed or chose whether to lie or tell the truth. A colored square was presented and participants had to name either the true color...

How do physicians handle informing patients of their diagnoses and how much information do patients really want? How do registered nurses view both sides of this question? Three questionnaires were constructed and administered in a mid-size hospital in New York state. Physicians and nurses underestimate the number of patients who want detailed information. Patients who earn more than average, h...

Several scholars have suggested that honesty, honor, fairness and other traditional values play a vital role in making capitalism and democracy function (Fukuyama 1995; Zak 2008). Others have recognized that capitalism and democracy reward greed and reinforce antisocial manipulators (Hayes-Roth 2011a). Some believe that enterprises can reconstruct themselves profitably around the principles of ...

Truth-Telling: A Representative Assessment A central assumption of the canonical cheap talk literature is that people misreport their private information if this is to their material benefit. Recent evidence from laboratory experiments with student subjects suggests, however, that while many people do report the payoff-maximizing outcome, some report their private information truthfully or at l...

Objective This paper examines the notion of truth telling and its place in palliative care nursing with a particular focus on nursing people from minority cultures. Setting The setting is palliative care nursing. Subjects The subjects are patients receiving palliative nursing care particularly those from minority cultures. Primary argument Australia is a multicultural society yet its dominant e...

The Liar Paradox arises when a person stands up and says, “This assertion is false.” Is the speaker telling the truth or telling a lie? At first blush, it seems that the situation is paradoxical: if he is telling the truth, then he is not; if he is not telling the truth, then he is. In fact, that first blush lasted for almost two thousand years. First formulated by the ancient Greeks, the puzzl...

In this paper we conduct a laboratory experiment to test the extent to which Moore and Repullo’s subgame perfect implementation mechanism induces truth-telling in practice, both in a setting with perfect information and in a setting where buyers and sellers face a small amount of uncertainty regarding the good’s value. We find that Moore-Repullo mechanisms fail to implement truth-telling in a s...