Eisenkopf, Gerald; Teyssier, Sabrina - Thurgauer Wirtschaftsinstitut an der Universität Konstanz - 2009
Most studies find no collusion in tournaments. This result suggests that social preferences are irrelevant in this …. Our results show instead that envy between agents and the fairness of the principal determine the effectiveness of … tournaments. Moreover, we observe that collusion between the agents and reciprocity towards the principal are mutually exclusive. …