Preferences for power
Abstract
Power—the ability to determine the outcomes of others—usually comes with various benefits: higher compensation, public recognition, etc. We develop a new game, the Power Game, to demonstrate that a substantial fraction of individuals enjoy the intrinsic value of power: they accept lower payoffs in exchange for power over others, without any benefits to themselves. These preferences exist independently of other components of decision rights,...
Paper Details
Title
Preferences for power
Published Date
May 1, 2020
Journal
Volume
185
Pages
104173 - 104173
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Notes
History