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Heterogeneity in Rent-Seeking Contests with Multiple Stages: Theory and Experimental Evidence

Hörtnagl, Tanja; Kerschbamer, Rudolf; Stracke, Rudi; … - 2013

This paper investigates how heterogeneity in contestants' investment costs affects the competition intensity in a …

Persistent link: https://www.econbiz.de/10010328784

Heterogeneity in rent-seeking contests with multiple stages: Theory and experimental evidence

Hörtnagl, Tanja; Kerschbamer, Rudolf; Stracke, Rudi; … - 2013

This paper investigates how heterogeneity in contestants' investment costs affects the competition intensity in a …

Persistent link: https://www.econbiz.de/10010397145

Incentives and selection in promotion contests: Is it possible to kill two birds with one stone?

Stracke, Rudi; Höchtl, Wolfgang; Kerschbamer, Rudolf; … - 2014

This paper investigates whether a designer can improve both the incentive provision and the selection performance of a promotion contest by making the competition more (or less) dynamic. A comparison of static (one-stage) and dynamic (two-stage) contests reveals that this is not the case. A...

Persistent link: https://www.econbiz.de/10010397151

Dynamic Incentive Effects of Heterogeneity in Multi-Stage Promotion Contests

Stracke, Rudi; Sunde, Uwe - 2014

This paper shows that the incentive effects of heterogeneity may be positive rather than negative in dynamic contests … with multiple stages. In particular, the well-studied adverse effects of heterogeneity in static interactions are … compensated by positive continuation-value and selection effects. Due to these positive dynamic incentive effects of heterogeneity …

Persistent link: https://www.econbiz.de/10010398273

Are Competitors Forward Looking in Strategic Interactions? Evidence from the Field

Lackner, Mario; Stracke, Rudi; Sunde, Uwe; … - 2015

particular, we test whether decision makers in multi-stage tournaments take heterogeneity induced changes of continuation values …

Persistent link: https://www.econbiz.de/10011420735

Are competitors forward looking in strategic interactions? Evidence from the field

Lackner, Mario; Stracke, Rudi; Sunde, Uwe; … - 2015

particular, we test whether decision makers in multi-stage tournaments take heterogeneity induced changes of continuation values …

Persistent link: https://www.econbiz.de/10011565011

Are competitors forward looking in strategic interactions? Evidence from the field

Lackner, Mario; Stracke, Rudi; Sunde, Uwe; … - 2015

particular, we test whether decision makers in multi-stage tournaments take heterogeneity induced changes of continuation values …

Persistent link: https://www.econbiz.de/10011565101

Incentives vs. selection in promotion tournaments: Can a designer kill two birds with one stone?

Höchtl, Wolfgang; Kerschbamer, Rudolf; Stracke, Rudi; … - 2011

This paper studies the performance of promotion tournaments with heterogeneous participants in two dimensions: incentive provision and selection. Our theoretical analysis reveals a trade-off for the tournament designer between the two goals: While total effort is maximized if less heterogeneous...

Persistent link: https://www.econbiz.de/10010278311

Dynamic Incentive Effects of Heterogeneity in Multi-Stage Promotion Contests

Stracke, Rudi; Sunde, Uwe - Institute for the Study of Labor (IZA) - 2014

Persistent link: https://www.econbiz.de/10010886143

Heterogeneity in Rent-Seeking Contests with Multiple Stages: Theory and Experimental Evidence

Hörtnagl, Tanja; Kerschbamer, Rudolf; Stracke, Rudi; … - Institut für Finanzwissenschaft, Fakultät für … - 2013

This paper investigates how heterogeneity in contestants' investment costs affects the competition intensity in a …

Persistent link: https://www.econbiz.de/10010839600