experiment that analyzes the influence of other-regarding preferences on sorting and incentives. Experimental evidence shows that … the provision of incentives and their sorting effect. …

externalities create private incentives for each competitor to charge low access prices. This result moderates the risk of tacit …

the gap in the theoretical literature concerning mergers in pharmaceutical markets. To prevent generic firms from … duopoly model by considering the pseudo-generics production as a mergers’ catalyst. We show that a brand-name company always …

When the assignment of incentives is uncertain, we study how the regularity and frequency of rewards and risk attitudes … show that less able and more risk averse players are less persistent in effort. Intermittent incentives lead to a greater … persistence of effort, while continuous incentives entail exit as soon as payment stops. Randomness increases both earlier and …

We explore the effects of competitive incentives and of their time horizon on the evolution of both asset prices and …

to investigate the ex ante sorting effect of tournaments. This paper reports results from an experiment analyzing whether …, sorting is efficiency-enhancing since it increases the homogeneity of the contestants. We suggest that the flexibility of the …

In this paper, we analyze group incentives when a proportion of agents feel in- equity aversion as defined by Fehr and … show that a tournament provides strong incentives to agents who only care about their own payo¤ but that it is not …