Do high stakes and competition undermine fair behaviour? Evidence from Russia

B-Tier
Journal: Journal of Economic Behavior and Organization
Year: 2014
Volume: 108
Issue: C
Pages: 354-363

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper reports the results of a series of competitive labour market experiments in which subjects have the possibility to reciprocate favours. In the high stake condition subjects earned between two and three times their monthly income during the experiment. In the normal stake condition the stake level was reduced by a factor of ten. We observe that both in the high and the normal stake condition fairness concerns are strong enough to outweigh competitive forces and give rise to non-competitive wages. There is also no evidence that effort behaviour becomes generally more selfish at higher stake levels. Therefore, our results suggest that fairness concerns may play an important role even at relatively high stake levels.

Technical Details

RePEc Handle
repec:eee:jeborg:v:108:y:2014:i:c:p:354-363
Journal Field
Theory
Author Count
3
Added to Database
2026-01-25