16:00 - 17:45
Parallel track
Room: Opzoomerkamer
Can competitiveness predict education and labor market outcomes? Evidence from incentivized choices and validated survey measures
Thomas Buser 1, Muriel Niederle 2, Hessel Oosterbeek 1
1 University of Amsterdam, Amsterdam
2 Stanford University, Stanford

We conducted an incentivized experiment to measure competitiveness from a sample of the members of a representative survey panel ( N=1674 ). Individuals who compete in the experiment are more highly educated, choose more ambitious college majors, earn more and are more likely to be in a high-level professional position. One year later, we elicited competitiveness from all members of the panel through unincentivized survey measures ( N=5268 ). We show that the unincentivized and incentivized measures are strongly correlated at the individual level and predict the same outcomes. The predictive power of competitiveness for education and labor market outcomes is robust to controlling for other traits, including risk seeking, confidence and the Big Five personality traits. For most outcomes, the predictive power of competitiveness exceeds that of other traits.


Reference:
Th-Contests and competition-1
Session:
Contests and competition
Presenter/s:
Thomas Buser
Room:
Opzoomerkamer
Date:
Thursday, 2 May
Time:
16:00 - 17:45
Session times:
16:00 - 17:45