- players is high or low, while the most efficient team of the tournament is not affected by the wage structure. The U …

-order tournament. Perceived entitlements are sensitive to how hard an agent has worked relative to her rival, and agents are loss … averse around their meritocratically determined endogenous reference points. In a fair tournament sufficiently large desert … average. In an unfair tournament, where one agent is advantaged, the equilibrium is symmetric in the absence of desert, but …

We study the effects of communication in an experimental tournament between teams. When teams, rather than individuals …

rate, a tournament or a revenue-sharing scheme. We find that output is higher in the variable pay schemes (piece rate …, tournament, and revenue sharing) compared to the fixed payment scheme. This difference is largely driven by productivity sorting …

players improve the performance of four teams which participate in a tournament, such as in the UEFA Champions League (UCL …