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A product market theory of worker training
Gersbach, Hans; Schmutzler, Armin - 2004 - revised: February 2004
We develop a product market theory that explains why firms invest in general training of their workers. We consider a …
Persistent link: https://www.econbiz.de/10011402873
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Potential, prizes and performance : testing tournament theory with professional tennis data
Sunde, Uwe (contributor) - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001838248
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Preemptive behavior in sequential tournaments
Jost, Peter-J.; Kräkel, Matthias - 2000
sequential tournament, under certain conditions the first acting agent chooses a preemptively high effort so that the following …
Persistent link: https://www.econbiz.de/10011335241
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How many winners are good to have? : On tournaments with sabotage
Harbring, Christine (contributor);  … - 2005
From an employer's perspective a tournament should induce agents to exert productive activities but refrain from … destructive ones. We experimentally test the predictive power of a tournament model which suggests that within a reasonable … framework productive and destructive activities are not influenced neither by the number of agents taking part in the tournament …
Persistent link: https://www.econbiz.de/10003248842
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Incentives in tournaments with endogenous prize selection
Harbring, Christine (contributor);  … - 2004 - [Elektronische Ressource]
Tournament incentive schemes offer payments dependent on relative performance and thereby are intended to motivate …
Persistent link: https://www.econbiz.de/10002453250
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Oligopsony, institutions and the efficiency of general training
Booth, Alison L.; Francesconi, Marco; Gylfi Zoega - 2002
In oligopsonistic labour markets, firms have some market power, and a wedge is created between wages and marginal product. When oligopsonistic firms' production technology requires generally trained workers, firms may therefore receive part of the returns to general training and be willing to...
Persistent link: https://www.econbiz.de/10011414246
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Social comparisons in wage delegation : experimental evidence
Charness, Gary; Cobo-Reyes, Ramón; Lacomba, Juan A.; … - 2013
This article examines whether social comparisons have behavioral effects on workers' performance when a firm can choose workers' wages or let them choose their own. Firms can delegate the wage decision to neither, one or both workers in the firm. We vary the information workers receive, finding...
Persistent link: https://www.econbiz.de/10010226059
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The labor supply of fixed-wage workers : estimates from a real effort experiment
Carpenter, Jeffrey P. - 2016
supply using a real effort experiment. Two results stand out. First, no one theory seems to fit the pooled data. On average … reciprocal or intrinsically motivated and, indeed, these types respond as theory would predict: reciprocators return wage gifts …
Persistent link: https://www.econbiz.de/10011453435
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Do tournaments with superstars encourage or discourage competition?
Babington, Michael; Goerg, Sebastian J.; Kitchens, Carl T. - 2017
To test and replicate the superstar effect reported by Brown (2011) we empirically study contests where a single entrant has an endogenously higher probability of winning. Unlike the previous literature, we test for the presence of the superstar effect in several different contexts. Ultimately,...
Persistent link: https://www.econbiz.de/10011647661
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The persistent effect of competition on prosociality
Kosse, Fabian; Rajan, Ranjita; Tincani, Michela M. - 2023
We present the first causal evidence on the persistent impact of enduring competition on prosociality. Inspired by the literature on tournaments within firms, which shows that competitive compensation schemes reduce cooperation in the short-run, we explore if enduring exposure to a competitive...
Persistent link: https://www.econbiz.de/10014428113