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; publication ; journals ; incentives ; economic methodology …Academic economists today are caught in a "Publication Impossibility Theorem Systemʺ or PITS. To further their careers … in such journals. Such academic competition is held to provide the right incentives for hard work, but there may be …
Persistent link: https://www.econbiz.de/10003820656
Academic economists today are caught in a quot;Publication Impossibility Theorem Systemquot; or PITS. To further their … careers, they are required to publish in A-journals, but for the vast majority this is impossible because there are few slots … open in such journals. Such academic competition maybe useful to generate hard work, however, there may be serious negative …
Persistent link: https://www.econbiz.de/10012718793
Academic economists today are caught in a "Publication Impossibility Theorem System" or PITS. To further their careers … in such journals. Such academic competition is held to provide the right incentives for hard work, but there may be …, they are required to publish in A-journals, but this is impossible for the vast majority because there are few slots open …
Persistent link: https://www.econbiz.de/10013316386
Persistent link: https://www.econbiz.de/10003907645
Persistent link: https://www.econbiz.de/10003873763
This paper analyzes two-stage rank-order tournaments. A principal decides (i) how to spread prize money across the two periods, (ii) how to weigh performance in the two periods when awarding the second-period prize, and (iii) whether to reveal performance after the first period. The information...
Persistent link: https://www.econbiz.de/10013046315
This paper analyzes intertemporal effort provision in two-stage tournaments. A principal with a fixed budget for prizes faces two risk-neutral agents. He observes noisy signals of effort in both periods. His goal is to maximize either total efforts (perfect substitutes) or the product of first-...
Persistent link: https://www.econbiz.de/10010338948
) intensifies the competition: in particular, both top and mean realized scores increase. To tame incentives to provide excessively …
Persistent link: https://www.econbiz.de/10011914839
) intensifies the competition: in particular, both top and mean realized scores increase. To tame incentives to provide excessively …
Persistent link: https://www.econbiz.de/10014033274
Do the contests with the largest prizes attract the most-able contestants? To what extent do contestants avoid competition? In this paper, we show, theoretically and empirically, that the distribution of abilities plays a crucial role in determining contest choice. Complete sorting exists only...
Persistent link: https://www.econbiz.de/10011446156