Informational inequity aversion and performance
| Autor: | Farzad Saidi, Iris Bohnet |
|---|---|
| Rok vydání: | 2019 |
| Předmět: |
Organizational Behavior and Human Resource Management
Economics and Econometrics Inequality media_common.quotation_subject 05 social sciences Differential (mechanical device) Degree (music) 0502 economics and business Econometrics Economics Tournament 050207 economics 050205 econometrics Inequity aversion media_common |
| Zdroj: | Journal of Economic Behavior & Organization. 159:181-191 |
| ISSN: | 0167-2681 |
| DOI: | 10.1016/j.jebo.2019.02.005 |
| Popis: | In labor markets, some individuals have, or believe to have, less data on the determinants of success than others, e.g., due to differential access to technology or role models. We provide experimental evidence on when and how informational differences translate into performance differences. In a laboratory tournament setting, we varied the degree to which individuals were informed about the effort-reward relationship, and whether their competitor received the same or a different amount of information. We find performance is adversely affected only by worse relative, but not absolute, informedness. This suggests that inequity aversion applies not only to outcomes but also to information that helps achieve them, and stresses the importance of inequality in initial information conditions for performance-dependent outcomes. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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