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of workers faced with progressive taxation under tournaments and piece rates. Because of the difficulty identifying any …
Persistent link: https://www.econbiz.de/10010886142
interaction, destruction of resources by defeated players can lead to lower appropriative efforts and higher overall efficiency …
Persistent link: https://www.econbiz.de/10010959704
We analyse how a change in the probability of winning a tournament affects an agent's effort using the qualification rules for entry into the group and playoff stages of the UEFA Champions' League. Our results suggest that increasing the number of slots that a national league gets in the...
Persistent link: https://www.econbiz.de/10011214033
composition. We present evidence from a field experiment designed to evaluate the impact of rank incentives and tournaments on the … productivity and composition of teams. Strengthening incentives, either through rankings or tournaments, makes workers more likely … incentives only reduce the productivity of teams at the bottom of the productivity distribution, and monetary prize tournaments …
Persistent link: https://www.econbiz.de/10009422064
Many tournaments are plagued by sabotage among competitors. Typically, sabotage is welfare-reducing, but from an …
Persistent link: https://www.econbiz.de/10009646301
We use experiments to test comparative statics predictions of canonical tournament theory. Both the roles of principal and agent are populated by human subjects, allowing us to test predictions for both incentive responses and optimal tournament design. Consistent with theory, we observed an...
Persistent link: https://www.econbiz.de/10009646321
through either tournaments or team-based incentives. Participants engaged in a subsequent trust game in which the sender had …
Persistent link: https://www.econbiz.de/10005703159
analyzed by focusing on three incentive schemes that are frequently used in practice: tournaments, bonuses and piece rates. We …
Persistent link: https://www.econbiz.de/10005703572
recruitment is observable on nearly any hierarchy level. We explain these empirical puzzles by combining job-promotion tournaments …
Persistent link: https://www.econbiz.de/10005822027
We study risk-taking behavior in a simple two person tournament in a theoretical model as well as a laboratory experiment. First, a model is analyzed in which two agents simultaneously decide between a risky and a safe strategy and we allow for all possible degrees of correlation between the...
Persistent link: https://www.econbiz.de/10005822136