Research Article

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

Table 1

Set of prize schemes.

Number Rank Parameters
ā€‰ Coefficient of ā€‰
Mean Variation Skewness

1 33 17 0 l h s
2 67 33 0 h h s
3 25 17 8 l l s
4 50 33 17 h l s
5 36 7 7 l h r
6 72 14 14 h h r
7 26 12 12 l l r
8 52 24 24 h l r

Note. L: low, h: high, s: symmetric, and r: right-skewed.