processes and the inherent variability of competitors' effort choices introduce uncertainty to tournament settings with respect … uncertainty leads to more excess of effort if compared to optimality (Avrahami et al., 2007). This paper experimentally … responses, and mainly overestimate their opponents. Leveling uncertainty influences both overshooting and the precision of …

the inherent variability of competitors' effort choices introduce uncertainty to tournament settings with respect to the … outcome.If heterogeneous agents interact in such a setting, experimental results suggest thatincreasing uncertainty leads to … mainly overestimate their opponents. Leveling uncertainty inuencesboth overshooting and the precision of beliefs. …

depends stochastically on (constant) effort, the number of times that are checked to assign the bonus affects the level of un-certainty … in the selection process. Uncertainty, in turn, is expected to increase the efforts made by competing agents (Cowen and … of uncertainty (sampling occasions of productions, 1 or 3), cost of production (high or low), cost symmetry (asymmetric …

depends stochastically on (constant) effort, the number of times that are checked to assign the bonus affects the level of un-certainty … in the selection process. Uncertainty, in turn, is expected to increase the efforts made by competing agents (Cowen and … of uncertainty (sampling occasions of productions, 1 or 3), cost of production (high or low), cost symmetry (asymmetric …

firms. Reduced uncertainty or labor market frictions lower the wage differentials, thereby enhancing young firm dynamics and …

firms. Reduced uncertainty or labor market frictions lower the wage differentials, thereby enhancing young firm dynamics and …