In tournaments, the large variance in effort provision is incompatible with standard economic theory. In our experiment … we test theoretical predictions about the role of envy and loss aversion in tournaments. Our results confirm that envy … good explanation for competitive behavior when envy and loss aversion do not play a role in the decision making process. …

context. We investigate the impact of social preferences in a tournament using data from a laboratory experiment with two … treatments. In a conentional tournament, an agent receives either the full prize or no prize at all. The other tournament …. Our results show instead that envy between agents and the fairness of the principal determine the effectiveness of …

This paper presents an experiment on the loyalty enhancing effect potentially created by retroactive price reduction …

experiment with four types of contracts (standard debt contract, outside equity, non-monotonic contract, full-subsidy contract …

’ truth telling is absolute or depends on the size of a lie. In a laboratory experiment we compare punishment for different …

laboratory experiment I examine how confessions work. I analyze whether the willingness to punish harmful failures depends on how …

experiment in which a committee decides sequentially on three independent bills. Selfish committee members would turn down all …