Narrow search
Showing 1 - 10 of 1,814
Cover Image
How Tournament Incentives Affect Asset Markets : A Comparison Between Winner-Take-All Tournaments and Elimination Contests
Fang, Dawei - 2016
We investigate the impact of fund managers' tournament incentives on investment strategies and market efficiency, distinguishing between winner-take-all tournaments (WTA), where a minority wins, and elimination contests (EC), where a majority wins. Theoretically, we show that fund managers play...
Persistent link: https://www.econbiz.de/10012995498
Cover Image
The Industrial Organization of Corruption : Monopoly, Competition and Collusion
Ryvkin, Dmitry - 2017
license affects extortionary corruption, i.e., the demands of harassment bribes. We examine transactions that are likely to be … significantly reduces corruption both in settings characterized by one-shot and by repeated interactions between citizens and …
Persistent link: https://www.econbiz.de/10012967798
Cover Image
Bribing in team contests
Doğan, Serhat; Karagözoğlu, Emin; Keskin, Kerim; … - 2020
We study bribing in a sequential team contest with multiple pairwise battles. We allow for asymmetries in winning prizes and marginal costs of effort; and we characterize the conditions under which (i) a player in a team is offered a bribe by the owner of the other team and (ii) she accepts the...
Persistent link: https://www.econbiz.de/10012162502
Cover Image
Organized vs. Competitive Corruption
Celentani, Marco; Ganuza, Juan-José - 2002
We study bureaucratic corruption in a model in which a constituency sets required levels for a given set of activities … equilibrium corruption in two different settings: 1) Each bureaucrat maximizes his own individual utility (competitive corruption …); 2) An illegal syndicate maximizes total proceeds from corruption (organized corruption). We show that the illegal …
Persistent link: https://www.econbiz.de/10014129367
Cover Image
Organized vs. Competitive Corruption
Celentani, Marco; Ganuza, Juan-José - 2002
We study bureaucratic corruption in a model in which a constituency sets required levels for a given set of activities … equilibrium corruption in two different settings: 1) Each bureaucrat maximizes his own individual utility (competitive corruption …); 2) An illegal syndicate maximizes total proceeds from corruption (organized corruption). We show that the illegal …
Persistent link: https://www.econbiz.de/10014108666
Cover Image
Exclusion in the all-pay auction : an experimental investigation
Fehr, Dietmar; Schmid, Julia - 2014 - Rev.
Contest or auction designers who want to maximize the overall revenue are frequently concerned with a trade-off between contest homogeneity and inclusion of bidders with high valuations. In our experimental study, we find that it is not profitable to exclude the most able bidder in favor of...
Persistent link: https://www.econbiz.de/10010403250
Cover Image
Exclusion in the all-pay auction : an experimental investigation
Fehr, Dietmar; Schmid, Julia - 2017 - Revised version of the WZB Discussion Paper SP II 2014-206
Contest designers or managers who want to maximize the overall revenue of a contest (relative performance scheme) are frequently concerned with a trade-off between contest homogeneity and inclusion of contestants with high valuations. In our experimental study, we find that it is not profitable...
Persistent link: https://www.econbiz.de/10011638535
Cover Image
Gender and psychological pressure in competitive environments
Booth, Alison L.; Nolen, Patrick - 2021
Gender differences in paid performance under competition have been found in many laboratory-based experiments, and it … environments. To explore this further, we conducted a laboratory experiment comprising 444 subjects, and measured gender …
Persistent link: https://www.econbiz.de/10012485925
Cover Image
Tournaments with safeguards : a blessing or a curse for women
Bao, Zhengyang; Leibbrandt, Andreas - 2020
environment that may produce more gender-neutral outcomes: tournaments with safeguards. In our experiments, participants take part …
Persistent link: https://www.econbiz.de/10012174786
Cover Image
Governance and Group Conflict
Kölle, Felix - 2020 - This version: January 2020
experiment that investigates the impact of political institutions within groups on the development of conflict between groups. We …
Persistent link: https://www.econbiz.de/10012419136