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Tournaments are designed to enhance participants' effort and productivity. However, ranking near the top may increase psychological pressure and reduce performance. We empirically study the impact of interim rank on performance using data from international diving tournaments. We find that...
Persistent link: https://www.econbiz.de/10013001059
We measure friction as the number of unnecessary student applications and school admissions that have to be undertaken per actual matriculation. Friction increases with student and school attractiveness with a decrease at the top.
Persistent link: https://www.econbiz.de/10008867043