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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
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
We empirically explore the relevance of risk taking behavior in tournaments. We make use of data from the NBA season …
Persistent link: https://www.econbiz.de/10008562542
We analyze the relationship between social attitudes on gender equality and firms' pay-setting behavior by combining information about regional votes relative to gender equality laws with a large data set of multi-branch firms and workers. The results show that multi-branch firms pay more...
Persistent link: https://www.econbiz.de/10010959707
This paper is an attempt to understand the effects of leaders on organizational performance. We argue for an ‘expert leader’ model of leadership. We differentiate between four kinds of leaders according to their level of inherent knowledge and industry experience. After controlling for...
Persistent link: https://www.econbiz.de/10010661200
of workers faced with progressive taxation under tournaments and piece rates. Because of the difficulty identifying any …
Persistent link: https://www.econbiz.de/10010886142
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
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
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 propose an incentive pay scheme for educators that links educator compensation to the ranks of their students within appropriately defined comparison sets, and we show that under certain conditions our scheme induces teachers to allocate socially optimal levels of effort to all students....
Persistent link: https://www.econbiz.de/10005103251