TY - RPRT AU - Charness, Gary AU - Masclet, David AU - Villeval, Marie Claire TI - Competitive Preferences and Status as an Incentive: Experimental Evidence PY - 2010/Jun/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 5034 UR - https://www.iza.org/index.php/publications/dp5034 AB - In this paper, we investigate individuals' investment in status in an environment where no monetary return can possibly be derived from reaching a better relative position. We use a real-effort experiment in which we permit individuals to learn and potentially improve their status (rank). We find that people express both intrinsic motivation and a taste for status. Indeed, people increase their effort when they are simply informed about their relative performance, and people pay both to sabotage others’ output and to artificially increase their own relative performance. In addition, stronger group identity favors positive rivalry and discourages sabotage among peers. KW - experiment KW - competitive preferences KW - status seeking KW - rank ER -