
@article{ref1,
title="The causes and economic consequences of envy",
journal="SERIEs",
year="2010",
author="Cabrales, Antonio",
volume="1",
number="4",
pages="371-386",
abstract="I first give an explanation for invidious preferences based on the (evolutionary) competition for resources. Then I show that these preferences have wide ranging and empirically relevant effects on labor markets, such as: workplace skill segregation, gradual promotions, wage increases that have no relation with productivity and downward wage flexibility. I suggest that labor and human resource economics can benefit from including envy into the standard set of factors considered in their theoretical and empirical models.<p />",
language="",
issn="1869-4187",
doi="10.1007/s13209-010-0028-1",
url="http://dx.doi.org/10.1007/s13209-010-0028-1"
}