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文章基本信息

  • 标题:Effort and Comparison Income: Experimental and Survey Evidence
  • 本地全文:下载
  • 作者:Andrew E. Clark ; David Masclet ; Marie-Claire Villeval
  • 期刊名称:CEP Discussion Paper
  • 出版年度:2008
  • 卷号:2008
  • 期号:aug
  • 出版社:Centre for Economic Performance
  • 摘要:This paper considers the effect of status or relative income on work effort, combining experimental evidence from a gift-exchange game with the analysis of multi-country ISSP survey data. We find a consistent negative effect of others’ incomes on individual effort in both datasets. The individual’s rank in the income distribution is a stronger determinant of effort than is others’ average income, suggesting that comparisons are more ordinal than cardinal. In the experiment, effort is also affected by comparisons over time: those who received higher income offers or enjoyed higher income rank in the past exert lower levels of effort for a given current income and rank.
  • 关键词:Effort, comparison income, rank, peak-end, experiments
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