Pyrrhic victories: the need for social status drives costly competitive behavior

Competitive behavior is commonly defined as the decision to maximize one's payoffs relative to others. We argue instead that competitive drive derives from a desire for social status. We make use of a multi-player auction task in which subjects knowingly incur financial losses for the sake of w...

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Bibliographic Details
Main Authors: van den Bos, Wouter, Golka, Philipp J. M., Effelsberg, David, McClure, Samuel M.
Format: Online
Language:English
Published: Frontiers Media S.A. 2013
Online Access:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3805938/