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Cooperation and Competition in Intergenerational Experiments in the Field and the Laboratory

Gary Charness 1, Marie-Claire Villeval 2

(2009)

There is economic pressure towards the postponement of the retirement age, but employers are still reluctant to employ older workers. We investigate the comparative behavior of juniors and seniors in experiments conducted both onsite with the employees of two large firms and in a conventional laboratory environment with students and retirees. We show that seniors are no more risk averse than juniors and are typically more cooperative ; both juniors and working seniors respond strongly to competition. The implication is that it may be beneficial to define additional incentives near the end of the career to motivate and retain older workers.

1 :	Department of Economics, University of California
	University of California, Santa Barbara
2 :	Groupe d'analyse et de théorie économique (GATE Lyon Saint-Etienne)
	CNRS : UMR5824 – Université Lumière - Lyon II – École Normale Supérieure - Lyon

Discipline

:

Humanities and Social Sciences/Economy and finances

Mots-Clés : Age – performance – diversity – stereotypes – cooperation – competition – inter-generational games – experiments

halshs-00464388, version 1

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Contributeur : Nelly Wirth <>

Submitted on : Wednesday, 17 March 2010 08:59:05

Updated on : Wednesday, 17 March 2010 13:43:37