Distributional preferences and competitive behavior☆

@inproceedings{Balafoutas2012DistributionalPA,
  title={Distributional preferences and competitive behavior☆},
  author={Loukas Balafoutas and Rudolf Kerschbamer and Matthias Sutter},
  booktitle={Journal of economic behavior & organization},
  year={2012}
}
We study experimentally the relationship between distributional preferences and competitive behavior. We find that spiteful subjects react strongest to competitive pressure and win in a tournament significantly more often than efficiency-minded and inequality averse subjects. However, when given the choice between a tournament and a piece rate scheme, efficiency-minded subjects choose the tournament most often, while spiteful and inequality averse subjects avoid it. When controlling for… CONTINUE READING

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Distributional Preferences and Competitive Behavior fothcoming in Journal of Economic Behavior and Organization

  • 2011-04 Loukas Balafoutas, Rudolf Kerschbamer, Matthias Sutter
  • 2011

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