Competition and wellbeing
نویسنده
چکیده
Drawing on individual data from the World Values Surveys, this paper estimates the relation between individual feelings about competition and self‐reported happiness. People who think competition is good are associated to the same (high) level of happiness as do people who think competition is harmful. This finding is different than and complements previous research which shows a positive or negative relation between competition and wellbeing. The paper improves over previous research in that it approximates competitive environment by using individual‐level measures. Instrumental variable analysis suggests that there may be a relation of causality stemming from competition to happiness. The paper conjectures about the reasons why individuals who find competition as harmful report higher levels of happiness.
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