Showing 1 - 3 of 3
This paper investigates whether contest schemes induce excessive risk-taking by implementing in the laboratory a novel stopping task based on the contest model of Seel and Strack (2013). In this stylized setting, managers who face contest payoffs have an incentive to delay halting projects with...
Persistent link: https://www.econbiz.de/10012826390
Persistent link: https://www.econbiz.de/10012290638
Persistent link: https://www.econbiz.de/10014553211