Mohnen, Alwine; Pokorny, Kathrin; Sliwka, Dirk - Institute for the Study of Labor (IZA) - 2008
We provide an explanation for peer pressure in teams based on inequity aversion. Analyzing a two-period model with two … agents, we find that the effect of inequity aversion strongly depends on the information structure. When contributions are … confirmed in a real effort experiment. …