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15. Januar 2014

BeNA - Seminar für Arbeitsmarktforschung

Spite - another aspect of competition?

Termin

15. Januar 2014
18:30 - 20:00

Ort

Gustav-Schmoller-Raum
DIW Berlin im Quartier 110
Room 3.3.002A
Mohrenstraße 58
10117 Berlin

Sprecher*innen

Benedikt Hermann (University of Nottingham)
Abstract: While numerous experiments demonstrate how pro-sociality can influence economic decision-making, evidence on explicitly anti-social economic behavior has thus far been limited. In this paper we investigate the importance of spite in experimental rent-seeking contests. Our social preference elicitations reveal that subjects'investments are driven by spite, not fairness or reciprocity.
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