Envy and Loss Aversion in Tournaments

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EISENKOPF, Gerald, Sabrina TEYSSIER, 2010. Envy and Loss Aversion in Tournaments

@techreport{Eisenkopf2010Avers-11885, series={Research paper series / Thurgauer Wirtschaftsinstitut}, title={Envy and Loss Aversion in Tournaments}, year={2010}, number={52}, author={Eisenkopf, Gerald and Teyssier, Sabrina} }

<rdf:RDF xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:bibo="http://purl.org/ontology/bibo/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:dcterms="http://purl.org/dc/terms/" xmlns:xsd="http://www.w3.org/2001/XMLSchema#" > <rdf:Description rdf:about="https://kops.uni-konstanz.de/rdf/resource/123456789/11885"> <dc:contributor>Teyssier, Sabrina</dc:contributor> <dc:contributor>Eisenkopf, Gerald</dc:contributor> <dc:creator>Teyssier, Sabrina</dc:creator> <dc:format>application/pdf</dc:format> <dc:rights>deposit-license</dc:rights> <dcterms:abstract xml:lang="eng">In tournaments, the large variance in effort provision is incompatible with standard economic theory. In our experiment we test theoretical predictions about the role of envy and loss aversion in tournaments. Our results confirm that envy implies higher effort while loss aversion increases the variance of effort. Moreover, we show that standard theory provides a good explanation for competitive behavior when envy and loss aversion do not play a role in the decision making process.</dcterms:abstract> <dcterms:issued>2010</dcterms:issued> <dcterms:available rdf:datatype="http://www.w3.org/2001/XMLSchema#dateTime">2011-03-25T09:40:53Z</dcterms:available> <dc:date rdf:datatype="http://www.w3.org/2001/XMLSchema#dateTime">2011-03-25T09:40:53Z</dc:date> <dc:creator>Eisenkopf, Gerald</dc:creator> <dc:language>eng</dc:language> <dcterms:title>Envy and Loss Aversion in Tournaments</dcterms:title> <dcterms:rights rdf:resource="http://nbn-resolving.org/urn:nbn:de:bsz:352-20140905103416863-3868037-7"/> <bibo:uri rdf:resource="http://kops.uni-konstanz.de/handle/123456789/11885"/> </rdf:Description> </rdf:RDF>

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