Arbeitspapier
Competition and Well-Being
We study the effects of competition in a context in which people's actions can not be contractually fixed. We find that in such an environment the very presence of competition does neither increase efficiency nor does it yield any payoff gains for the short side of the market. We also find that competition has a strong negative impact on social well-being, the disposition towards others, and individually experienced well-being, the emotional state, of those on the long side of the market. We conjecture that this limits the possibilities of satisfactory interaction in the future and, hence, has negative implications for efficiency in the longer-run.
- Sprache
-
Englisch
- Erschienen in
-
Series: Tinbergen Institute Discussion Paper ; No. 04-041/1
- Klassifikation
-
Wirtschaft
Relation of Economics to Social Values
Design of Experiments: Laboratory, Group Behavior
Distribution: General
Labor-Management Relations, Trade Unions, and Collective Bargaining: General
Personnel Economics: General
- Thema
-
competition
happiness
well-being
laboratory experiment
emotions
market interaction
Wettbewerb
Unvollständiger Vertrag
Lebensqualität
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Brandts, Jordi
Riedl, Arno
van Winden, Frans
- Ereignis
-
Veröffentlichung
- (wer)
-
Tinbergen Institute
- (wo)
-
Amsterdam and Rotterdam
- (wann)
-
2004
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Brandts, Jordi
- Riedl, Arno
- van Winden, Frans
- Tinbergen Institute
Entstanden
- 2004
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