Information processing in tax decisions: a MouselabWEB study on the deterrence model of income tax evasion

Author(s)
Christoph Kogler, Jerome Olsen, Martin Müller, Erico Kirchler
Abstract

The highly influential Allingham and Sandmo model of income tax evasion assumes that taxpayers are driven by utility maximization, choosing evasion over compliance if it yields a higher expected profit. We test the main assumptions of this so-called deterrence approach considering both compliance decisions and the process of information acquisition using MouselabWEB. In an incentivized experiment, 109 participants made 24 compliance decisions with varying information presented for four within-subject factors (the four central model parameters: income, tax rate, audit probability, and fine level). Additionally, explicit expected value information was indicated in one of two conditions. The results reveal that participants attended to all relevant information, a prerequisite for expected value-like calculations. As predicted by the deterrence model, choices were clearly influenced by audit probability and fine level. Against the model assumptions, the presented parameters were not integrated adequately, indicated by a non-monotonic increase of evasion with rising expected rate of return from evasion. Additionally, more transitions between information necessary for calculating expected values did not result in higher model conformity, just as presenting explicit information on expected values. We conclude that deterrence information clearly influences tax compliance decisions in our setting but observed deviations from the deterrence model can be attributed to failures to properly integrate all relevant parameters.

Organisation(s)
Department of Occupational, Economic and Social Psychology
External organisation(s)
Tilburg University, Max-Plank Institut zur Erforschung von Gemeinschaftsgütern, IHS - Institut für Höhere Studien und wissenschaftliche Forschung
Journal
Journal of Behavioral Decision Making
Volume
35
Pages
1-15
No. of pages
15
ISSN
0894-3257
DOI
https://doi.org/10.1002/bdm.2272
Publication date
01-2022
Peer reviewed
Yes
Austrian Fields of Science 2012
501029 Economic psychology
Keywords
ASJC Scopus subject areas
Arts and Humanities (miscellaneous), General Decision Sciences, Applied Psychology, Sociology and Political Science, Strategy and Management
Portal url
https://ucrisportal.univie.ac.at/en/publications/5aa2ffec-e52a-4575-8a51-afebeefbd0c3