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Abstract Competition enhances performance and efficiency but can also have unintended consequences on individuals. This study explores the impact of competition on utility and examines how a competitive environment leaves a lasting imprint on individuals—shaping how they think, behave, and relate to others even after the competition has ended. Competition enhances performance and efficiency but can also have unintended consequences on individuals. This study explores the impact of competition on utility and examines how a competitive environment leaves a lasting imprint on individuals—shaping how they think, behave, and relate to others even after the competition has ended.
JEL Code(s) C91, D60, D91, I31
Last Published June 03, 2025 08:33 PM August 04, 2025 04:09 PM
Additional Keyword(s) Competition, Reference-dependent utility, Prosocial behavior
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