On competition and well-being, an experimental investigation into rivalry, social disposition, and subjective well-being

old_uid2168
titleOn competition and well-being, an experimental investigation into rivalry, social disposition, and subjective well-being
start_date2007/02/02
schedule10h
onlineno
summaryThis paper experimentally studies the effects of competition in an environ- ment where people’s actions can not be contractually fixed. We find that, in comparison with no competition, the presence of competition does neither increase efficiency nor does it yield any gains in earnings for the short side of the exchange relation. Moreover, competition has a clearly negative impact on the disposition towards others and on the experienced well-being of those on the long side. Since sub jective well-being improves only for those on the short side competition contributes to larger inequalities in experienced well-being. All in all competition does not show up as a positive force in our environment.
responsiblesBourgeois-Gironde