Narrow search
Showing 1 - 10 of 120
Cover Image
The Efficacy of Tournaments for Non-Routine Team Tasks
Englmaier, Florian; Grimm, Stefan; Grothe, Dominik; … - 2021
Tournaments are often used to improve performance in innovation contexts. Tournaments provide monetary incentives but … also render teams' identity and social-image concerns salient. We study the effects of tournaments on team performance in a …,700 participants), we vary the salience of team identity, social-image concerns, and whether teams face monetary incentives. Increased …
Persistent link: https://www.econbiz.de/10012657895
Cover Image
Combining "Real Effort" with Induced Effort Costs: The Ball-Catching Task
Gaechter, Simon; Huang, Lingbo; Sefton, Martin - 2015
an experiment with piece-rate incentives we find that the comparative static and the point predictions on effort …
Persistent link: https://www.econbiz.de/10010531823
Cover Image
Incentives and anonymity principle : crowding out toward users
Crifo, Patricia; Rullière, Jean-Louis - 2004
anonymity principle. Incentives do matter regarding the crowding effect toward users. …
Persistent link: https://www.econbiz.de/10010276426
Cover Image
Contracts and Inequity Aversion
Englmaier, Florian; Wambach, Achim - 2002
Using the concept of Inequity Aversion we derive in a Moral Hazard setting several results which differ from conventional contract theory. Our three key insights are: First, inequity aversion plays a crucial role in the design of optimal contracts. Second, there is a strong tendency towards...
Persistent link: https://www.econbiz.de/10010315721
Cover Image
Teams and Tournaments in Relational Contracts
Kvaløy, Ola; Olsen, Trond - 2014
We analyze relational contracts for a set of agents when either (a) only aggregate output or (b) individual outputs are observable. A team incentive scheme, where each agent is paid a bonus for aggregate output above a threshold, is optimal in case (a). The team’s efficiency may increase...
Persistent link: https://www.econbiz.de/10010352417
Cover Image
Strategic Investment Decisions in Multi-stage Contests with Heterogeneous Players
Deutscher, Christian; Sahm, Marco; Schneemann, Sandra; … - 2019
We study strategic investment decisions in multi-stage contests with heterogeneous players. Our theoretical model of a round-robin rank-order tournament predicts that players conserve resources in a current contest to spend more in the subsequent contest if the degree of heterogeneity in the...
Persistent link: https://www.econbiz.de/10012018165
Cover Image
American idol: should it be a singing contest or a popularity contest?
Amegashie, J. Atsu - 2007
In the very popular FOX TV reality show, American Idol, the judges, who are presumably experts in evaluating singing effort, have no voting power when the field is narrowed to the top twenty-four contestants. It is only the votes of viewers that count. In the 2007 season of the show, one of the...
Persistent link: https://www.econbiz.de/10010264269
Cover Image
The Persistent Effect of Competition on Prosociality
Kosse, Fabian; Rajan, Ranjita; Tincani, Michela - 2023
literature on tournaments within firms, which shows that competitive compensation schemes reduce cooperation in the short-run, we …
Persistent link: https://www.econbiz.de/10014469722
Cover Image
Promotion rat race and public policy
Bjertnæs, Geir H. - 2012
This study investigates whether excess effort to climb a career ladder justifies policy interventions. The answer depends on whether the government is able to levy a higher tax burden on career workers than on non-career workers. Both a tax on top income aimed at lowering the rewards of...
Persistent link: https://www.econbiz.de/10010281802
Cover Image
The impact of managerial change on performance: The role of team heterogeneity
Hentschel, Sandra; Mühlheusser, Gerd; Sliwka, Dirk - 2012
When a key responsibility of a manager is to allocate more or less attractive tasks to subordinates, these subordinates have an incentive to work hard and demonstrate their talents. As a new manager is less well acquainted with these talents this incentive mechanism is reinvigorated after a...
Persistent link: https://www.econbiz.de/10010288460