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 …

developing countries is affected by consumption gaps with advanced economies. By distorting intertemporal choices, envy tends to …

Drawing on the distinction between envy and signaling effects in income comparison, this paper uses 307 … in 1990-1999 envy has been the dominant concern in West Germany and signaling the dominant factor in East Germany, income …

Drawing on the distinction between envy and signaling effects in income comparison, this paper uses 307 … that, while in 1990 - 1999 envy has been the dominant concern in West Germany and signaling the dominant factor in East …

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 …

Envy is an unpleasant emotion. If individuals anticipate that comparing their payoff with the (potentially higher … opportunity to reduce another person’s payoff, an individual’s envy may trigger behavior that is detrimental to welfare. In this …

having lower resources and, in the other case, for the feeling of envy that is generated by those having higher resources. We … for the presence of envy and compassion might lead to different rankings. …