The Price of Envy—An Experimental Investigation of Spiteful Behavior

Inga Wobker

Managerial and Decision Economics, 2015, vol. 36, issue 5, 326-335

Abstract: When receiving less resources than a competitor, envy may be evoked that may result in spiteful behavior. This paper applies evolutionary theory to understand envy and its outcomes. A theoretical framework is developed that is based on the cause–effect relationships of unequal outcomes, envy, defection of cooperation, and welfare loss. To test this framework, an experiment with 136 participants is run. The results confirm that receiving less than another can indeed lead to experiences of envy and defection of future cooperation, producing a welfare loss of one‐sixth. Copyright © 2014 John Wiley & Sons, Ltd.

Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:wly:mgtdec:v:36:y:2015:i:5:p:326-335

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