Showing 1 - 10 of 2,517
Does competitive pressure foster innovation? In addressing this important question, prior studies ignored a distinction … between discrete innovation aiming at entirely new technology and continuous improvement consisting of numerous incremental … innovation will lead to a much richer understanding of the interplay between firms’ incentives to innovate and competitive …
Persistent link: https://www.econbiz.de/10003571666
Markets are ubiquitous in our daily life and, despite many imperfections, they are a great source of human welfare. Nevertheless, there is a heated recent debate on whether markets erode social responsibility and moral behavior. In fact, competitive pressure on markets may create strong...
Persistent link: https://www.econbiz.de/10011518078
This paper investigates the effect of grouping students by prior achievement into different classes (or schools) in settings where students are competing for admission to programs offering only a limited number of places. We first develop a model that identifies the conditions under which the...
Persistent link: https://www.econbiz.de/10013170260
We present the first causal evidence on the persistent impact of enduring competition on prosociality. Inspired by the … competition period. 4-year follow-up data indicate that the effect persists and generalizes, suggesting a change in traits and not …
Persistent link: https://www.econbiz.de/10014428113
We study human capital accumulation in an environment of competitive search. Given that unemployed workers can default on their education loans, skilled individuals with a larger debt burden prefer riskier but better paid careers than is socially desirable. A higher level of employment risk in...
Persistent link: https://www.econbiz.de/10003759353
behaviour, particularly in tracked educational systems. -- Cooperation ; competition ; PISA ; student attitudes …
Persistent link: https://www.econbiz.de/10003737643
We investigate a competitive labor market with team production. Workers differ in their motivation to exert team effort and types are private information. We show that there can exist a separating equilibrium in which workers self-select into different firms and firms employing cooperative...
Persistent link: https://www.econbiz.de/10003784391
Persistent link: https://www.econbiz.de/10002115431
such differences are driven by different attitudes towards competition. In our experiment subjects choose between a … social norms whose nature and origin we discuss. -- competition ; tournament ; piece rate ; gender ; risk-aversion ; relative …
Persistent link: https://www.econbiz.de/10003280790
When exogenously imposed, rank-order tournaments have incentive properties but their overall efficiency is reduced by a high variance in performance (Bull, Schotter, and Weigelt 1987). However, since the efficiency of performance-related pay is attributable both to its incentive effect and to...
Persistent link: https://www.econbiz.de/10003283430