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This paper studies the influence of information on entry choices in a competition with a controlled laboratory experiment. We investigate whether information provision attracts mainly high productivity individuals and reduces competition failure, where competition failure occurs when a subject...
Persistent link: https://www.econbiz.de/10011279246
The ability of groups to implement efficiency-enhancing institutions is emerging as a central theme of research in economics. This paper explores voting on a scheme of intergroup competition, which facilitates cooperation in a social dilemma situation. Experimental results show that the...
Persistent link: https://www.econbiz.de/10010754117
such doping within a tournament game between two heterogeneous players. Three major effects are identified which determine …
Persistent link: https://www.econbiz.de/10005785818
assuming the principal to be unable to commit to a certain policy at the beginning of the tournament. Our analysis shows that …
Persistent link: https://www.econbiz.de/10005785932
- players is high or low, while the most efficient team of the tournament is not affected by the wage structure. The U …
Persistent link: https://www.econbiz.de/10005787105
between the agents and thus creates a distortion of efficiency in the coalition. We employ a simple tournament setting where …
Persistent link: https://www.econbiz.de/10005789604
-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 …
Persistent link: https://www.econbiz.de/10008562633
This paper discusses the strategic role of mismatching, where players voluntarily form inefficient teams or forego the formation of efficient teams, respectively. Strategic mismatching can be rational when players realize a competitive advantage (e.g. harming other competitors). In addition, the...
Persistent link: https://www.econbiz.de/10005703300
tournament and a piece-rate pay scheme before performing a real task. Men choose the tournament significantly more often than …
Persistent link: https://www.econbiz.de/10005703512
the tournament even further since output tends to become more slipshod. …
Persistent link: https://www.econbiz.de/10005703722