Eriksson, Tor; Teyssier, Sabrina; Villeval, Marie-Claire - HAL - 2006
high variance in performance (Bull, Schotter, and Weigelt 1987). However, since the efficiency of performance-related pay … is attributable both to its incentive effect and to its selection effect among employees (Lazear, 2000), it is important … allowing subjects to self-select into different payment schemes helps in reducing the variability of performance in tournaments …