Behavioral and Experimental Economics Seminar (Session 5)

[Time] March 14, 2019 (Thursday) 12:00-13:30
[Location] 734 Conference room, Mingde main building
[Theme] The Cooperative consequences of contests
[President] Anta (Associate professor, Department of Economics, Tsinghua University School of Economics and Management)
[Moderator] Wang Xianghong (professor, School of Economics, Renmin University of the People)
[Reviewer] Sun Wenkei  (proessor, School of Economics, Renmin University of the People) ”

[Abstract] Although contests is theoretically recognized as a highly effective method of motivation , recent studies (Carpenter, Matthews and Schirm, 2010; Buser and Dreber, 2016) suggest-competitive nature of contests may induce negative behavioral externalities in OT her domains. Using a laboratory experiment of real effort contests with treatments varying by prize structure, we test the effect of Di Fferent types of contests and their outcomes to pro-social behavior in classic games. Within-person effects of the contest on behavior in the prisoner’s Dilemma, trust game and public goods game is assessed. Across subjects, we examine the relative impacts of standard All-pay auction contests, Tullock contests with Probabilisti C Winning, proportional prizes and piece rate