Eriksson, Tor; Poulsen, Anders; Villeval, Marie-Claire - Institute for the Study of Labor (IZA) - 2008
-takes-all tournament. We find that, regardless of the pay scheme used, feedback does not improve performance. There are no significant peer … effects in the piece-rate pay scheme. In contrast, in the tournament scheme we find some evidence of positive peer effects … since the underdogs almost never quit the competition even when lagging significantly behind, and frontrunners do not slack …