Arbeitspapier

Economics meets psychology: Experimental and self-reported measures of individual competitiveness

Economists and psychologists follow different approaches to measure individual competitiveness. While psychologists typically use self-reported psychometric scales, economists tend to use incentivized behavioral experiments, where subjects confronted with a specific task self-select into a competitive versus a piece-rate payment scheme. So far, both measurement approaches have remained largely isolated from one another. We discuss how these approaches are linked and based on a classroom experiment with 186 students we empirically examine the relationship between a behavioral competitiveness measure and a self-reported competitiveness scale. We find a stable positive relationship between these measures suggesting that both measures are indicators of the same underlying latent variable, which might be interpreted as a general preference to enter competitive situations. Moreover, our results suggest that the self-reported scale partly rests on motives related to personal development, whereas the behavioral measure does not reflect competitiveness motivated by personal development. Our study demonstrates how comparative studies such as ours can open up new avenues for the further development of both behavioral experiments andpsychometric scales that aim at measuring individual competitiveness.

Sprache
Englisch

Erschienen in
Series: Schumpeter Discussion Papers ; No. 2016-006

Klassifikation
Wirtschaft
Design of Experiments: Laboratory, Individual
Personnel Economics: Compensation and Compensation Methods and Their Effects
Thema
Competition
Experiment
Tournament scheme
Personal Development Motive

Ereignis
Geistige Schöpfung
(wer)
Bönte, Werner
Lombardo, Sandro
Urbig, Diemo
Ereignis
Veröffentlichung
(wer)
University of Wuppertal, Schumpeter School of Business and Economics
(wo)
Wuppertal
(wann)
2016

Handle
URN
urn:nbn:de:hbz:468-20161125-121944-6
Letzte Aktualisierung
10.03.2025, 11:42 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.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Bönte, Werner
  • Lombardo, Sandro
  • Urbig, Diemo
  • University of Wuppertal, Schumpeter School of Business and Economics

Entstanden

  • 2016

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