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Managers often use tournament incentive schemes which motivate workers to compete for the top, compete to avoid the … levels for three tournament incentive schemes: reward tournaments, punishment tournaments, and tournaments combining reward …
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We utilize a laboratory experiment to compare effort provision under optimal tournament contracts with different … tournament contract incorporating both incentives at the top and at the bottom induces the highest effort, especially in larger …
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Ostracism, or exclusion by peers, has been practiced since ancient times as a severe form of punishment against transgressors of laws or social norms. The purpose of this paper is to offer a comprehensive analysis on how ostracism affects behavior and the functioning of a social group. We...
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