Eisenkopf, Gerald; Teyssier, Sabrina - Thurgauer Wirtschaftsinstitut an der Universität Konstanz - 2009
context. We investigate the impact of social preferences in a tournament using data from a laboratory experiment with two … chooses between a fair and an unfair contract. Standard economic theory predicts the same effort provision in all situations …. Our results show instead that envy between agents and the fairness of the principal determine the effectiveness of …
