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We consider the cost of providing incentives through tournaments when workers are inequity averse and performance … envy depending on the costs of assessing performance. More envious employees are preferred when these costs are high, less …
Persistent link: https://www.econbiz.de/10005696268
We show that if agents are risk neutral, prizes outperform wages when there is sufficient pride and envy relative to …
Persistent link: https://www.econbiz.de/10005762713
We show that if agents are risk neutral, prizes outperform wages if and only if there is sufficient pride and envy …
Persistent link: https://www.econbiz.de/10009371331