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We examine the characteristics of endogenously-determined optimal incentive contracts for agents who envy each other and work for a risk-neutral (non-envious) p

The first volume of this wide-ranging Handbook contains original contributions by world-class specialists. It provides up-to-date surveys of the main game-theor

A worker's utility may increase with his income, but envy can make his utility decline with his employer's income. This article uses a principal-agent model to