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Brandts, Jordi (contributor); Riedl, Arno (contributor); … - 2005

This paper experimentally studies the effects of competition in an environment where people's actions can not be … contractually fixed. We find that, in comparison with no competition, the presence of competition does neither increase efficiency … nor does it yield any gains in earnings for the short side of the exchange relation. Moreover, competition has a clearly …

Persistent link: https://www.econbiz.de/10003248152

Competition and Well-Being

Brandts, Jordi; Riedl, Arno; van Winden, Frans - 2004

We study the effects of competition in a context in which people's actions can not be contractually fixed. We find that … in such an environment the very presence of competition does neither increase efficiency nor does it yield any payoff … gains for the short side of the market. We also find that competition has a strong negative impact on social well-being, the …

Persistent link: https://www.econbiz.de/10010325326

Competition and well-being

Brandts, Jordi; Riedl, Arno; van Winden, Frans - 2005

Persistent link: https://www.econbiz.de/10010277250

Competition and well-being

Brandts, Jordi; Riedl, Arno; Winden, Frans A. A. M. van - 2004

Persistent link: https://www.econbiz.de/10011335225

Market competition and efficient cooperation

Brandts, Jordi; Riedl, Arno - 2016

We use laboratory experiments to study the causal effects of favorable and unfavorable competitive market experience on cooperation in a subsequent social dilemma game. The issues we study are part of the broader topic of whether there are behavioral spillovers between different spheres of...

Persistent link: https://www.econbiz.de/10011414636