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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
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
innovation will lead to a much richer understanding of the interplay between firms’ incentives to innovate and competitive … pressure measured by product substitutability may decrease firms' incentives to conduct continuous improvement, and that an … increase in the size of discrete innovation may decrease firms' incentives to conduct continuous improvement. A unique feature …
Persistent link: https://www.econbiz.de/10003571666
to higher school productivity. We discuss the evidence in this area, concluding that the impact of competition has proven … to be more mixed and modest than expected. We suggest that this in fact should not be surprising, since economic theory … on incentives and incomplete contracts (beginning with many contributions also from the 1950s) leads to a more nuanced …
Persistent link: https://www.econbiz.de/10009686878
This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are … empirical regularities that the conventional matching model cannot. -- Matching ; incentives ; adjustment costs ; unemployment …
Persistent link: https://www.econbiz.de/10003832116
incentives. Our first finding, like some previous studies, lends little support to the view that incentives increase effort … aggregated to the day. Our data allow us to look within the workday. We find that workers do respond to incentives within the day …
Persistent link: https://www.econbiz.de/10003489059
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
Local news offers a unique look not only at customer preferences but also at the strategic response of firms to these preferences. This paper uses a combination of ratings data and newly gathered information on television stations in 25 U.S. markets to examine the decisions of competing firms...
Persistent link: https://www.econbiz.de/10003189635
We run a field experiment to investigate whether competing in rank-order tournaments with different prize spreads affects individual performance. Our experiment involved students from an Italian University who took an intermediate exam in which one part was awarded on the basis of their relative...
Persistent link: https://www.econbiz.de/10011455813
This paper first finds a clear pattern of child gender difference in family migration in China. Specifically, our estimates show that on average, the first child being a son increases the father's migration probability by 25.2 percent. We hypothesize that the family's competitive earning...
Persistent link: https://www.econbiz.de/10011307893