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Doping in contest-like situations
Kräkel, Matthias - 2005
such doping within a tournament game between two heterogeneous players. Three major effects are identified which determine …Individuals who compete in a contest-like situation (for example, in sports, in promotion tournaments, or in an … appointment contest) may have an incentive to illegally utilize resources in order to improve their relative positions. We analyze …
Persistent link: https://www.econbiz.de/10010370525
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Relative performance pay in the shadow of crisis
Kräkel, Matthias; Nieken, Petra - 2013
We analyze whether incentives from relative performance pay are reduced or enhanced if a department is possibly terminated due to a crisis. Our benchmark model shows that incentives decrease in a severe crisis, but are boosted given a minor crisis since efforts are strategic complements in the...
Persistent link: https://www.econbiz.de/10010198988
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Does a short-term increase in incentives boost performance?
Angelova, Vera; Giebe, Thomas; Ivanova-Stenzel, Radosveta - 2017
If agents are exposed to continual competitive pressure, how does a short-term variation of the severity of the competition affect agents' performance? In a real-effort laboratory experiment, we study a one-time increase in incentives in a sequence of equally incentivized contests. Our results...
Persistent link: https://www.econbiz.de/10011895040
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Don't hate the player, hate the game : uncovering the foundations of cheating in contests
Dutcher, E. Glenn; Glätzle-Rützler, Daniela; Ryvkin, … - 2016
contest versus those who selected into a comparable noncompetitive pay scheme. …
Persistent link: https://www.econbiz.de/10011548973
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Doping and cheating in contest-like situations
Kräkel, Matthias (contributor) - 2006
. -- cheating ; contest ; doping ; fraud in research ; tournament … such doping or cheating within a tournament game between two heterogeneous players. Three major effects are identified …Individuals who compete in a contest-like situation (for example, in sports, in promotion tournaments, or in an …
Persistent link: https://www.econbiz.de/10003377751
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Doping and Cheating in Contest-Like Situations
Kräkel, Matthias - 2006
such doping or cheating within a tournament game between two heterogeneous players. Three major effects are identified …Individuals who compete in a contest-like situation (for example, in sports, in promotion tournaments, or in an … appointment contest) may have an incentive to illegally utilize resources in order to improve their relative positions. We analyze …
Persistent link: https://www.econbiz.de/10012780372
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Cheating in a contest with strategic inspection
Elaad, Guy; Jelnov, Artyom - In: Theory and decision : an international journal for … 85 (2018) 3/4, pp. 375-387
Persistent link: https://www.econbiz.de/10011942550
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Implicit vs. explicit incentives : theory and a case study
Demougin, Dominique; Fabel, Oliver; Thomann, Christian - 2009
We derive the optimal contract between a principal and a liquidity-constrained agent in a stochastically repeated environment. The contract comprises a court-enforceable explicit bonus rule and an implicit fixed salary promise that must be self-enforcing. Since the agent's rent increases with...
Persistent link: https://www.econbiz.de/10003850322
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When randomization in collective tournaments is profitable for the principal
Lehmann, Stefanie Aniela - 2008
collective tournament, incentives, randomization, risk … tournament where output in a team is generated through a particular two-stage production process. I show within a theoretical … tournament framework that risk in terms of chance is beneficial from the point of view of a profit maximizing principal who …
Persistent link: https://www.econbiz.de/10003850395
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You don't always get what you pay for
Schnedler, Wendelin - 2007
Consider a principal-agent relationship in which more effort by the agent raises the likelihood of success. Does rewarding success, i.e., paying a bonus, increase effort in this case? I find that bonuses have not only an incentive but also an income effect. Overall, bonuses paid for success may...
Persistent link: https://www.econbiz.de/10003592884