Fairness and Desert in Tournaments.
We develop a model to describe the behavior of agents who care about receiving their “just deserts” in competitive situations. In particular we analyze the strategic behavior of two identical desert-motivated agents in a rank-order tournament. Each agent is assumed to be loss averse about an endogen...
| Main Authors: | , |
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| Format: | Working paper |
| Language: | English |
| Published: |
Department of Economics (University of Oxford)
2006
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