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Escaping the zero-sum game of positional races
Acte de colloque

Escaping the zero-sum game of positional races

Angela Sutan, Gilles Grolleau et Igor Galochkin
8. International Meeting on Experimental and Behavioral Economics (IMEBE 2012) (Castellón, Spain, 08/03/2012–10/03/2012)
2012

Résumé

comportement économique comportement humain économie du bien-être
Positional races are frequently described as zero-sum games implying that winners are exactly offset by losers. From the social welfare viewpoint, these races are wasteful. We develop several mechanisms allowing individuals to cope with the zero sum nature of rank games and possibly increase their happiness. We provide evidence to support the relevance of these mechanisms in real world settings. Several policy implications are drawn.

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