The dark side of friendship: ‘envy’

A-Tier
Journal: Experimental Economics
Year: 2012
Volume: 15
Issue: 4
Pages: 547-570

Authors (2)

Ramón Cobo-Reyes (not in RePEc) Natalia Jiménez (Universidad Pablo de Olavide)

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper studies the effect of social relations on convergence to the efficient equilibrium in 2×2 coordination games from an experimental perspective. We employ a 2×2 factorial design in which we explore two different games with asymmetric payoffs and two matching protocols: “friends” versus “strangers”. In the first game, payoffs by the worse-off player are the same in the two equilibria, whereas in the second game, this player will receive lower payoffs in the efficient equilibrium. Surprisingly, the results show that “strangers” coordinate more frequently in the efficient equilibrium than “friends” in both games. Network measures such as in-degree, out-degree and betweenness are all positively correlated with playing the strategy which leads to the efficient outcome but clustering is not. In addition, ‘envy’ explains no convergence to the efficient outcome. Copyright Economic Science Association 2012

Technical Details

RePEc Handle
repec:kap:expeco:v:15:y:2012:i:4:p:547-570
Journal Field
Experimental
Author Count
2
Added to Database
2026-01-25