Coffey, Bentley; Maloney, M. T. - In: Journal of Labor Economics 28 (2010) 1, pp. 87-112
There is ample evidence that incentive-pay structures, such as tournaments, result in increased performance. Is this due to selection or increased individual effort, and is any increased individual effort caused by pecuniary incentives or merely thirst for the thrill of victory (TOV)? Prior...