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We validate experimentally a new survey item to measure the preference for competition. The item, which measures participants' agreement with the statement "Competition brings the best out of me", predicts individuals' willingness to compete in the laboratory after controlling for their ability,...
Persistent link: https://www.econbiz.de/10012151966
Persistent link: https://www.econbiz.de/10012438450
We validate experimentally a new survey item to measure the preference for competition. The item, which measures participants' agreement with the statement "Competition brings the best out of me", predicts individuals' willingness to compete in the laboratory after controlling for their ability,...
Persistent link: https://www.econbiz.de/10012138584
Persistent link: https://www.econbiz.de/10002618054
Persistent link: https://www.econbiz.de/10002201007
We test if cooperation is promoted by rank-order competition between groups in which all groups can be ranked first, i.e., when everyone can be a winner. This type of rank-order competition has the advantage that it can eliminate the negative externality a group's performance imposes on other...
Persistent link: https://www.econbiz.de/10014042269
We study the interaction between competitive markets that produce unequally distributed welfare gains and elections through which the poor majority can redistribute income away from the rich minority. In our simple laboratory democracy, subjects first earn their income by trading in a double...
Persistent link: https://www.econbiz.de/10014042776
We experimentally study the common wisdom that money buys political influence. In the game, one lobbyist has the opportunity to influence redistributive tax policies in her favor by transferring money to two competing candidates. The success of the lobbying investment depends on whether or not...
Persistent link: https://www.econbiz.de/10014042777
In this paper, we study the effectiveness of intergroup competition in promoting cooperative behavior. We focus on intergroup competition that is non-rival in the sense that everyone can be a winner. This type of competition does not give groups an incentive to outcompete others. However, in...
Persistent link: https://www.econbiz.de/10014047082
There is a large body of literature documenting both a preference for immediacy and a tendency to procrastinate. O'Donoghue and Rabin (1999a,b, 2001) and Choi et al. (2005) model these behaviors as the two faces of the same phenomenon. In this paper, we use a combination of lab, field, and...
Persistent link: https://www.econbiz.de/10013222925