We define an indirect evolutionary approach formally and apply it to (Tullock) contests. While it is known (Leininger …-player contests. The evolutionarily stable preferences (ESP) of the indirect approach turn out to be negatively interdependent …

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 …

aversion reported from 1999 to 2022. In particular, we examine 85 estimates of disadvantageous inequality aversion (or envy … presence of inequality concerns: the mean envy coefficient is 0:426 with a 95% probability that the true value lies in the …

A worker's utility may increase in his own income, but envy can make his utility decline with his employer's income … various assumptions about the object and generality of envy. Envy amplifies the effect of incentives on effort and, therefore …, increases optimal incentive pay. Moreover, envy can make profitsharing optimal, even when the worker's effort is fully …

We analyze Nash equilibria of share and probabilistic contests when players have distributional preferences. If players … the value of the prize (overdissipation), and they are also in line with the findings for share contests. If players are …

This paper reviews the relatively small literature on sabotage in contests. It looks at both the formal game …

We study innovation contests with asymmetric information and identical contestants, where contestants’ efforts and … payoffs for both nondiscriminatory and discriminatory (where the reward is contestant-dependent) contests. We derive …