Torgler, Benno; Schmidt, Sascha L.; Frey, Bruno S. - 2006
provides an empirical analysis on how individuals' relative income position affects their performance. Using a unique data set … within a team, the worse the performance of the soccer players is. The more the players are integrated in a particular social … environment (their team), the more evident this negative effect is. Moreover, we find that positional effects lowering performance …