Carlin, Bruce Ian; Davies, Shaun William; Iannaccone, … - National Bureau of Economic Research (NBER) - 2010
Competition for positive attention in financial markets frequently resembles a tournament, where superior relative … compete for such positive attention and show that higher competition for this prize makes discretionary disclosure less likely … considering general prize structures, prizes that change in size as a result of competition, endogenous prizes, prizes granted on …