Abstract
We investigate the effects of competition on subjects' attitude towards cooperation. Three groups face three economic environments with different degrees of competition, from a benchmark case with no competition at all up to a perfect competition case. Subjects contribute generously to a public project in the absence of competition, whereas they contribute very little in the presence of a maximum degree of competition. A diminishing attitude towards cooperation clearly emerges as the degree of competition increases. Therefore, if cooperation does enhance well-being, the maximum degree of competition may be not efficient.
| Original language | English |
|---|---|
| Pages (from-to) | 18-30 |
| Number of pages | 13 |
| Journal | Journal of Socio-Economics |
| Volume | 37 |
| Issue number | 1 |
| DOIs | |
| Publication status | Published - Feb 2008 |
Keywords
- Competition
- Cooperation
- Efficiency
- Well-being
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