We study experimental markets in which participants face incentives modeled upon those prevailing in markets for managed funds. Each participant's portfolio is periodically evaluated at market value and ranked in a league table according to short-term paper returns. Those who rank highly attract...

Utilizing data for comparable BSc graduates in economics who have studied in different universities that had set the same entry standards, we compare job seekers' employment prospects when they search by themselves for jobs by submitting CVs to the same firms. The outcomes suggest that graduates...

This paper determines the ranking of the publications units of assessment which were submitted to the UK research evaluation carried out in 2014, the REF, which would have been obtained if their submission had been evaluated with the bibliometric algorithm used by the Italian evaluation agency,...

In 2013, Tanzania introduced "Big Results Now in Education", a low-stakes accountability program that published both nationwide and within-district school rankings. Using data from the universe of school performance from 2011-2016, we identify the impacts of the reform using a...

This article presents and explores a rich new data source to analyse the determinants of pay and job rank amongst academic Economists in the UK. Characteristics associated with individual productivity and workplace features are found to be important determinants of the relative wage and...

Assuming that an individual's rank in the wealth distribution is the only factor determining the individual's wellbeing, we analyze the individual's risk preferences in relation to gaining or losing rank, rather than the individual’s risk preferences towards gaining or losing absolute wealth....

This paper uses a rich set of student background characteristics, including early measures of cognitive and non-cognitive skills, to estimate the value added of second-level schools in Ireland. Although there are high performing schools in both raw and value-added terms, there is a considerable...

In a 1-year randomized controlled trial involving thousands of university students, we provide real-time private feedback on relative performance in a semester-long online assignment. Within this setup, our experimental design cleanly identifies the behavioral response to rank incentives (i.e.,...

In this paper we show that a student's ordinal rank in a high school cohort is an important determinant of engaging in risky behaviors. Using longitudinal data from representative US high schools, and exploiting idiosyncratic variation in the cohort composition within a school, we find a strong...

Rank-order relative-performance evaluation, in which pay, promotion and symbolic awards depend on the rank of workers in the distribution of performance, is ubiquitous. Whenever firms use rank-order relative-performance evaluation, workers receive feedback about their rank. Using a real-effort...