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also favors disreputable behavior. Some individuals do not hesitate to incur a cost to improve their rank by sabotaging …
Persistent link: https://www.econbiz.de/10011161035
datasets. The individual’s rank in the income distribution has a more powerful effect on effort than does others’ average … income rank, the width of the relevant income distribution matters, with effort increasing in the distance from the bottom of … or had higher income rank in the past exert lower levels of effort for a given current income …
Persistent link: https://www.econbiz.de/10005112715
’ incomes on individual effort in both datasets. The individual’s rank in the income distribution is a stronger determinant of … effort than is others’ average income, suggesting that comparisons are more ordinal than cardinal. In the experiment, effort … is also affected by comparisons over time: those who received higher income offers or enjoyed higher income rank in the …
Persistent link: https://www.econbiz.de/10010746495
. The individual’s rank in the income distribution is a stronger determinant of effort than others’ average income …: those who received higher income offers or had higher income rank in the past exert lower levels of effort for a given … current income and rank. …
Persistent link: https://www.econbiz.de/10005566421
Even though decision-making in small teams is pervasive in business and in private life, little is known about subjects' preferences with respect to individual and team decision-making and about the consequences of respecting these preferences. We report the results from an experimental...
Persistent link: https://www.econbiz.de/10005765209
lead, we report the results of a two-stage public good experiment with endogenous timing. Even though it turns out to be …
Persistent link: https://www.econbiz.de/10005822607
influence participation and effort. We contrast three incentive schemes in a real-effort experiment in which individuals decide …
Persistent link: https://www.econbiz.de/10010753269
influence participation and effort. We contrast three incentive schemes in a real-effort experiment in which individuals decide …
Persistent link: https://www.econbiz.de/10011161033
We compare inequality aversion in individuals and teams by means of both within- and between-subject experimental designs, and we investigate how teams aggregate individual preferences. We find that team decisions reveal less inequality aversion than individual initial proposals in team...
Persistent link: https://www.econbiz.de/10010858037
We compare inequality aversion in individuals and teams by means of both within- and between-subject experimental designs, and we investigate how teams aggregate individual preferences. We find that team decisions reveal less inequality aversion than individual initial proposals in team...
Persistent link: https://www.econbiz.de/10010884177