Torgler, Benno; Schmidt, Sascha L.; Frey, Bruno S. - School of Economics and Finance, Business School - 2007
provides an empirical analysis on how individuals’ relative income position affects their performance. Using a unique data set … average and this difference increases, his performance worsens and the productivity decreasing effects of positional concerns … are stronger. Moreover, the larger the income differences within a team, the stronger positional concern effects are …