Chmura, Thorsten; Engel, Christoph; Englerth, Markus - 2013
rely on a standard theory from behavioral economics, inequity aversion, to offer an explanation. This theory could also … explain how imperfect criminal sanctions deter crime. The critical component of the theory is aversion against outperforming … others. To test this theory, we exploit that it posits inequity aversion to be a personality trait. We can therefore test it …