Facing Your Opponents
Abstract
We experimentally investigate the effect of social identification and information feedback on individual behavior in contests. In all treatments, we find significant overexpenditure of effort relative to the standard theoretical predictions. Identifying subjects through photo display decreases wasteful effort. Providing information feedback about others’ effort does not affect the aggregate effort, but it decreases the heterogeneity of effort...
Paper Details
Title
Facing Your Opponents
Published Date
Aug 8, 2014
Volume
60
Issue
3
Pages
459 - 481
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