Research Article

Competition, Income Distribution, and the Middle Class: An Experimental Study

Table 5

Predicted effort by prize scheme.

Prize
scheme
Mean Coefficient
of variation
Skewness Effort
Mean Variation

1 0 1 0 22.9 .6
2 1 1 0 45.9 .6
3 0 0 0 11.9 .6
4 1 0 0 22.5 .6
5 0 1 1 13.6 1.0
6 1 1 1 27.2 1.0
7 0 0 1 6.6 1.0
8 1 0 1 13.1 1.0

Note. 0 = low/symmetric, 1 = high/right-skewed. Effort predictions according to Table 4.