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provides incentives to increase effort in order to reach the playoffs and incentives to decrease effort once a team has been … incentives - they win more games when there is still a chance to reach the playoffs and lose more after being eliminated from …
Persistent link: https://www.econbiz.de/10011639595
This paper examines the effect of imperfect labor market competition on the efficiency of compensation schemes in a setting with moral hazard and risk-averse agents, who have private information on their productivity. Two vertically differentiated firms compete for agents by offering contracts...
Persistent link: https://www.econbiz.de/10011498942
Managers often use tournaments which motivate workers to compete for the top, compete to avoid the bottom, or both. In … three mechanisms with the appropriate distribution of prizes. We test the model's predictions in a laboratory experiment and … ; promotion ; firing ; contract ; experiment ; learning …
Persistent link: https://www.econbiz.de/10009743404
This paper investigates whether a designer can improve both the incentive provision and the selection performance of a …
Persistent link: https://www.econbiz.de/10010260055
of wage inequality. -- wage dispersion ; effort ; experiment ; gift-exchange …
Persistent link: https://www.econbiz.de/10009733225
Persistent link: https://www.econbiz.de/10003805443
Many tournaments are plagued by sabotage among competitors. Typically, sabotage is welfare-reducing, but from an … Championships, where a rule change in 2009 basically constituted a natural experiment that introduced one costless opportunity for … qualified ones. From a survey among spectators, we show that sabotage is welfare-reducing. -- tournaments ; sabotage ; Judo …
Persistent link: https://www.econbiz.de/10009737429
Persistent link: https://www.econbiz.de/10009571167
the nature of provided incentives. We conduct a 'lab in the field' experiment with internal auditors during two large … performance of the unit that they are auditing. We vary incentives in the experiment from individual (piece rate) to competitive … that incentive-based compensation increases dishonest behavior among internal auditors: competitive incentives lead to …
Persistent link: https://www.econbiz.de/10011639592
a prisoner's dilemma game affects behavior and leads to discrimination. Running a framed field experiment with 828 six …
Persistent link: https://www.econbiz.de/10010529903