Do High Stakes and Competition Undermine Fairness?

Evidence from Russia

Fachartikel 68

Empirische Wirtschaftsforschung
Working Paper
Co Autoren
Urs Fischbacher, Elena Tougareva


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, contrary to common beliefs, fairness concerns may play an important role even at relatively high stake levels.

Bitte sende mir diesen Fachartikel als PDF-Datei an meine E-Mail Adresse.


Teile diesen Fachartikel