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Preprints, Working Papers, ... Year : 2022

Competition, Cooperation, and Social Perceptions

Jeanne Hagenbach
Rachel Kranton
  • Function : Author
  • PersonId : 1169144
Victoria Lee
  • Function : Author
  • PersonId : 1169145

Abstract

Many empirical and experimental studies show that social divisions negatively impact economic outcomes. This experiment reverses the causal arrow and asks if economic settings affect individuals' social perceptions. Subjects receive information about counterparts' preferences and demographics and then work for bonus pay by completing a real-effort task. Subjects who compete for pay against their counterparts report having less in common with their counterparts than subjects in a cooperative setting. This effect emerges despite monetary incentives to report correctly the number of traits in common. The economic setting has little effect on the less precise evaluation of similarity to counterparts.
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Dates and versions

hal-03792554 , version 1 (30-09-2022)

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  • HAL Id : hal-03792554 , version 1

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Jeanne Hagenbach, Rachel Kranton, Victoria Lee. Competition, Cooperation, and Social Perceptions. 2022. ⟨hal-03792554⟩
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