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Progressive taxation in a tournament economy
Carpenter, Jeffrey P.; Matthews, Peter Hans; Tabb, Benjamin - 2014
of workers faced with progressive taxation under tournaments and piece rates. Because of the difficulty identifying any …
Persistent link: https://www.econbiz.de/10010394004
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Prize Structure and Information in Tournaments: Experimental Evidence
Freeman, Richard B.; Gelber, Alexander M. - Volkswirtschaftliche Fakultät, … - 2008
This paper examines behavior in a tournament in which we vary the tournament prize structure and the information available about participants' skill at the task of solving mazes. The number of solved mazes is lowest when payments are independent of performance; higher when a single, large prize is...
Persistent link: https://www.econbiz.de/10005619648
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The problem of the principal-agent and promotion tournaments in religious organizations: choosing the next pope
Oliveira, Livio Luiz Soares de; Neto, Giácomo Balbinotto - Volkswirtschaftliche Fakultät, … - 2013
This paper shows an application of Promotion Tournaments to religious organizations, which is appropriate, especially … suitability of the use Tournaments in religious organizations, regarding the optimal structure of contracts in order to select, as …, both with two clerics with homogeneous skills. Finally, we discuss the advantages and limitations of the Tournaments …
Persistent link: https://www.econbiz.de/10011111332
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Tournaments in religious organizations with investment in religious human capital: choosing the pope
Oliveira, Livio Luiz Soares; Netto, Giácomo Balbinotto - Volkswirtschaftliche Fakultät, … - 2013
The objective of this manuscript is to explain how tournaments can be used in order to select the best candidates to …
Persistent link: https://www.econbiz.de/10011111977
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Efficient Contests
Riis, Christian - Volkswirtschaftliche Fakultät, … - 2008
In their seminal contribution Lazear and Rosen (1981) show that wages based upon rank induce the same e¢ cient e¤ort as incentive-based reward schemes. They also show that this equivalence result is not robust towards heterogeneity in worker ability, as long as ability is private information,...
Persistent link: https://www.econbiz.de/10005787139
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Task difficulty, performance measure characteristics, and the trade-off between insurance and well-allocated effort
Schnedler, Wendelin (contributor) - 2006
When designing incentives for a manager, the trade-off between insurance and a "good" allocation of effort across various tasks is often identified with a trade-off between the responsiveness (sensitivity, precision, signal-noise ratio) of the performance measure and its similarity (congruity,...
Persistent link: https://www.econbiz.de/10003323166
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Who pays for performance?
Barth, Erling; Bratsberg, Bernt; Haegeland, Torbjørn; … - 2006
Using Norwegian establishment surveys from 1997 and 2003, we show that performance-related pay is more prevalent in firms where workers of the main occupation have a high degree of autonomy in how to organize their work. This observation supports an interpretation of incentive pay as motivated...
Persistent link: https://www.econbiz.de/10003328059
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Performance pay and earnings : evidence from personnel records
Pekkarinen, Tuomas (contributor); Riddell, Chris (contributor) - 2006
This paper examines the effects of performance pay on earnings using linked employee-employer panel data from Finland. These payroll data contain information on the exact share of earnings obtained and hours worked on a performance pay contract. Using these data, we estimate the effects of...
Persistent link: https://www.econbiz.de/10003355649
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Self-selection and the efficiency of tournaments
Eriksson, Tor (contributor); Teyssier, Sabrina (contributor) - 2006
When exogenously imposed, rank-order tournaments have incentive properties but their overall efficiency is reduced by a … to investigate the ex ante sorting effect of tournaments. This paper reports results from an experiment analyzing whether … allowing subjects to self-select into different payment schemes helps in reducing the variability of performance in tournaments …
Persistent link: https://www.econbiz.de/10003283430
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Women and competition in elimination tournaments : evidence from professional tennis data
Lallemand, Thierry (contributor);  … - 2005
players' incentives to adjust effort according to success chances. -- sports economics ; tournaments ; incentives …
Persistent link: https://www.econbiz.de/10003285374