Showing 1 - 10 of 1,068
We construct a fully specified extensive form game that captures competitive markets with adverse selection. In particular, it allows firms to offer any finite set of contracts, so that cross-subsidization is not ruled out. Moreover, firms can withdraw from the market after initial contract...
Persistent link: https://www.econbiz.de/10013099130
observe gender imbalances in labor markets: men are more competitively inclined than women. Whether, and to what extent, such … preferences yield differences in naturally-occurring labor market outcomes remains an open issue. We address this question by … exploring job-entry decisions in a natural field experiment where we randomized nearly 7,000 interested job-seekers into …
Persistent link: https://www.econbiz.de/10013135766
absence of a common shock, using optimal independent contracts dominates using the optimal tournament. Conversely, if the … distribution of the common shock is sufficiently diffuse, using the optimal tournament dominates using optimal independent … but uses the optimal tournament, does as well as one who can observe the shock and uses independent contracts …
Persistent link: https://www.econbiz.de/10013232756
We consider how past, current, and future competition within an elimination tournament affect the probability that the …
Persistent link: https://www.econbiz.de/10013037448
first period. However, the male advantage is not found in any subsequent period of competition, or even after a two …-week break from competition. Some evidence suggests that males may actually perform worse than females in later periods. The … analysis considers various experimental treatments and finds that the existence of gender differences depends crucially on the …
Persistent link: https://www.econbiz.de/10013137312
Gender differences in competitiveness are often discussed as a potential explanation for gender differences in … education and labor market outcomes. We correlate an incentivized measure of competitiveness with an important career choice of … of profile choice as gender. More importantly, up to 23 percent of the gender difference in profile choice can be …
Persistent link: https://www.econbiz.de/10013097269
The high and rising household savings rate in China is not easily reconciled with the traditional explanations that emphasize life cycle factors, the precautionary saving motive, financial development, or habit formation. This paper proposes a new competitive saving motive: As the sex ratio...
Persistent link: https://www.econbiz.de/10013152435
, but also on one's rank within gender. Both beliefs on rank and attitudes towards competition change when moving to a more … gender-specific competition. The changes in competitive entry have important implications when assessing the costs of … affirmative action. Based on ex-ante tournament entry affirmative action is predicted to lower the performance requirement for …
Persistent link: https://www.econbiz.de/10012759404
” individuals earn 9% more than their less competitive counterparts do. Moreover, gender differences in taste for competition …Using an incentivized measure of test for competition, this paper investigates whether this taste explains subsequent … gender differences in earnings and industry choice in a sample of high-ability MBA graduates. We find that “competitive …
Persistent link: https://www.econbiz.de/10013012390
We design a laboratory experiment to investigate bilateral link formation in a setting where payoffs are pair …
Persistent link: https://www.econbiz.de/10013011107