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particular, we test whether decision makers in multi-stage tournaments take heterogeneity induced changes of continuation values …-professional basketball tournaments, we find that effort is negatively affected by the ability of the current opponent, consistent with the …
Persistent link: https://www.econbiz.de/10013009502
research on single-stage rank-order tournaments and analyze behavior in multi-stage elimination tournaments. The main treatment …
Persistent link: https://www.econbiz.de/10013324780
This paper uses matched employer-employee panel data to show that individual job satisfaction is higher when other workers in the same establishment are better-paid. This runs contrary to a large literature which has found evidence of income comparisons in subjective well-being. We argue that...
Persistent link: https://www.econbiz.de/10012775695
prize spread and noise. A random subset of the 208 stores participates in two-stage elimination tournaments. Tournaments …
Persistent link: https://www.econbiz.de/10013107475
The ability of groups to implement efficiency-enhancing institutions is emerging as a central theme of research in economics. This paper explores voting on a scheme of intergroup competition which facilitates cooperation in a social dilemma situation. Experimental results show that the...
Persistent link: https://www.econbiz.de/10013104948
Using a controlled experiment, we examine the role of nurture in explaining the stylized fact that women shy away from competition. Our subjects (students just under 15 years of age) attend publicly-funded single-sex and coeducational schools. We find robust differences between the competitive...
Persistent link: https://www.econbiz.de/10012764654
Not enough is known about the responsiveness of individuals, in particular those who tend to work under different incentives, to changes in marginal tax rates. We ask whether changes in marginal tax rates are less distortionary for workers engaged in a contest. To examine this potential...
Persistent link: https://www.econbiz.de/10013049076
Concerns about corporate scandals and abusive leadership suggest that individuals with an opportunistic and manipulative personality take advantage of incomplete incentive and control systems to get their way into managerial positions. Against this background, we examine whether there is an...
Persistent link: https://www.econbiz.de/10014349209
The dearth of women in top managerial positions is characterized by a high persistence and insensitivity to changes and differences in institutions and policies. This suggests it could be caused by slowly changing social norms and attitudes in the labor market, such as gender stereotypes and...
Persistent link: https://www.econbiz.de/10012948650
The Peter Principle states that, after a promotion, the observed output of promotedemployees tends to fall. Lazear (2004) models this principle as resulting from a regression tothe mean of the transitory component of ability...
Persistent link: https://www.econbiz.de/10008939753