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We introduce the joy-of-destruction game. Two players each receive an endowment and simultaneously decide on how much of the other player's endowment to destroy. In a treatment without fear of retaliation, money is destroyed in almost 40% of all decisions.
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We investigate parochial altruism, the combination of in-group altruism and out-group hostility, in an experimental conflict game preceded by a prisoner’s dilemma. Our data are consistent with parochial altruism, but cannot be explained by in-group pro-sociality or out-group hostility alone.
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When employers can incur losses from the labor relationship in a gift exchange game, they offer lower wages on average than in a no-loss relationship. Taking employers’ risk of losing money into account, employees exert more effort per wage unit.
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