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Simultaneous Decision-Making in Competitive and Cooperative Environments

Anya Savikhin and Roman Sheremeta
Authors registered in the RePEc Author Service: Anya Savikhin Samek

MPRA Paper from University Library of Munich, Germany

Abstract: We experimentally investigate simultaneous decision-making in two contrasting environments: one that encourages competition (lottery contest) and one that encourages cooperation (public good game). We find that simultaneous participation in the public good game affects behavior in the contest, decreasing sub-optimal overbidding. Contributions to the public good are not affected by participation in the contest. The direction of behavioral spillover is explained by differences in strategic uncertainty and path-dependence across games. Our design allows us to compare preferences for cooperation and competition. We find that in early periods, there is a negative correlation between decisions in competitive and in cooperative environments.

Keywords: cooperation; competition; public goods; contests; experiments; behavioral spillover (search for similar items in EconPapers)
JEL-codes: C72 C91 (search for similar items in EconPapers)
Date: 2012-03-05
New Economics Papers: this item is included in nep-cbe, nep-cdm, nep-evo, nep-exp and nep-gth
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14)

Published in Economic Inquiry 51 (2013): pp. 1311-1323

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/46809/1/MPRA_paper_46809.pdf original version (application/pdf)

Related works:
Journal Article: SIMULTANEOUS DECISION-MAKING IN COMPETITIVE AND COOPERATIVE ENVIRONMENTS (2013) Downloads
Working Paper: Simultaneous Decision-Making in Competitive and Cooperative Environments (2012) Downloads
Working Paper: Simultaneous Decision-Making in Competitive and Cooperative Environments (2010) Downloads
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