This paper uses data from a firm with team production to investigate the association between workers' productivity …, risk aversion and preferred bonus scheme (team or individual). Standard economics make a strong prediction in this case …. Workers persistently producing above the team average should vote for an individual bonus. The only concern that may moderate …

This paper uses data from a firm with team production to investigate the association between workers' productivity …, risk aversion and preferred bonus scheme (team or individual). Standard economics make a strong prediction in this case …. Workers persistently producing above the team average should vote for an individual bonus. The only concern that may moderate …

designs, and we investigate how teams aggregate individual preferences. We find that team decisions reveal less inequality … aversion than individual initial proposals in team decision-making. However, teams are no more selfish than individuals who … decide in isolation. Individuals express strategically more inequality aversion in their initial proposals in team decision …