How stressful are economic competitions in the lab? An investigation with physiological measures

Buckert, Magdalena and Schwieren, Christiane and Kudielka, Brigitte M. and Fiebach, Christian J. (2017) How stressful are economic competitions in the lab? An investigation with physiological measures. JOURNAL OF ECONOMIC PSYCHOLOGY, 62. pp. 231-245. ISSN 0167-4870, 1872-7719

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Abstract

Competition is ubiquitous in economic life. Yet, negative consequences of competitive environments have been reported and everyday experience suggests that competitive situations can be very stressful. It is, however, an open question whether or not economic competitions in the laboratory indeed elicit physiological stress reactions. Our study examined subjectively perceived stress and physiological changes induced by a well-established economic laboratory competition paradigm (first used in Niederle & Vesterlund, 2007) in a mixed-gender sample of 111 healthy participants. A mental arithmetic task was performed first under a piece rate (i.e., non-competitive) payment scheme and afterwards under a tournament condition. In a third round, participants decided how to be paid (i.e., piece rate or tournament). Our results indicate that compared to a control group, which performed only the non-competitive condition, the competitive game condition elicited subjective and physiological reactions that are indicative of mild stress, i.e., an increase in heart rate and a decrease of calmness and mood. Furthermore, reactions that are thought to reflect an active coping style were related to the self-selection into competition in the third round of the game. We speculate that real-life economic competitions might be even stronger stressors and the way how people cope with this kind of stress might be related to competitiveness in real-life economic contexts. (C) 2017 Elsevier B.V. All rights reserved.

Item Type: Article
Uncontrolled Keywords: ACUTE PSYCHOSOCIAL STRESS; HPA AXIS RESPONSES; GENDER-DIFFERENCES; HEART-RATE; CARDIOVASCULAR INDEXES; CHALLENGE HYPOTHESIS; ENDOCRINE RESPONSES; TESTOSTERONE CHANGE; HUMAN-AGGRESSION; YOUNG MEN; Competition; Decision making; Stress; Cortisol; Heart rate; Testosterone
Subjects: 100 Philosophy & psychology > 150 Psychology
Divisions: Psychology and Pedagogy > Institut für Psychologie
Psychology and Pedagogy > Institut für Psychologie > Lehrstuhl für Psychologie VII (Medizinische Psychologie, Psychologische Diagnostik und Methodenlehre) - Prof. Dr. Brigitte Kudielka
Depositing User: Dr. Gernot Deinzer
Date Deposited: 14 Dec 2018 13:19
Last Modified: 18 Feb 2019 14:08
URI: https://pred.uni-regensburg.de/id/eprint/2091

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