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We consider the cost of providing incentives using tournaments when workers are inequity averse and performance … workers, but he may benefit from their propensity for envy depending on the costs of assessing performance. More envious …
Persistent link: https://www.econbiz.de/10014084767
Drawing on the distinction between envy and signaling effects in income comparison, this paper uses 307 … in 1990-1999 envy has been the dominant concern in West Germany and signaling the dominant factor in East Germany, income …
Persistent link: https://www.econbiz.de/10009747833
Drawing on the distinction between envy and signaling effects in income comparison, this paper uses 307 … that, while in 1990 - 1999 envy has been the dominant concern in West Germany and signaling the dominant factor in East …
Persistent link: https://www.econbiz.de/10009733418
Persistent link: https://www.econbiz.de/10011522364
Persistent link: https://www.econbiz.de/10011504436
Persistent link: https://www.econbiz.de/10012815127
We take into account that envy (relative consumption concerns) is more pronounced in the present than in the future. We … exogenous parameters. Agents' preferences exhibit present-biased envy: agents are naive and care about how their consumption … levels compare to that of others in the current period. Our results suggest that present-biased envy affects both the level …
Persistent link: https://www.econbiz.de/10014528209
Persistent link: https://www.econbiz.de/10001442602
Drawing on the distinction between envy and signaling effects in income comparison, this paper uses 307 … in 1990-1999 envy has been the dominant concern in West Germany and signaling the dominant factor in East Germany, income …
Persistent link: https://www.econbiz.de/10013082617
Persistent link: https://www.econbiz.de/10003936215