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U-type versus J-type tournaments
Kräkel, Matthias - 2001
In practice, two types of tournaments can be distinguished - U-type and J-type tournaments. In U-type tournaments …, workers receive prizes that have been fixed in advance. In J-type tournaments, the employer fixes an aggregate wage bill in …-type tournaments if the number of workers is large, whereas the opposite holds for small numbers of workers. …
Persistent link: https://www.econbiz.de/10011538870
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Performance responses to competition across skill-levels in rank order tournaments : field evidence and implications for tournament design
Boudreau, Kevin J.; Helfat, Constance E.; Lakhani, Karim R. - 2013
Tournaments are widely used in the economy to organize production and innovation. We study individual data on 2 …
Persistent link: https://www.econbiz.de/10010192352
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A survey of experimental research on contests, all-pay auctions and tournaments
Dechenaux, Emmanuel; Kovenock, Daniel J.; Sheremeta, … - 2012
-pay auctions and rankorder tournaments. This survey provides a review of experimental research on these three canonical contests … contests and multi-battle contests. Then we review research on sabotage, feedback, bias, collusion, alliances, and contests … research. -- Contests ; all-pay auctions ; tournaments ; experiments …
Persistent link: https://www.econbiz.de/10009687977
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A Survey of Experimental Research on Contests, All-Pay Auctions and Tournaments
Dechenaux, Emmanuel - 2012
-pay auctions and rank-order tournaments. This survey provides a review of experimental research on these three canonical contests … contests and multi-battle contests. Then we review research on sabotage, feedback, bias, collusion, alliances, and contests …
Persistent link: https://www.econbiz.de/10013100140
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Experimental Research on Contests
Sheremeta, Roman M. - 2018
Costly competitions between economic agents are modeled as contests. Researchers use laboratory experiments to study contests and test comparative static predictions of contest theory. Commonly, researchers find that participants' efforts are significantly higher than predicted by the standard...
Persistent link: https://www.econbiz.de/10012910152
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From public monopsony to competitive market : more efficiency but higher prices
Delfgaauw, Josse; Dur, Robert A. J. - 2002
This paper examines the consequences of creating a fully competitive market in a sector previously dominated by a cost-minimizing public firm. Workers in the economy are heterogeneous in their intrinsic motivation to work in the sector. In line with empirical findings, our model implies that...
Persistent link: https://www.econbiz.de/10011327829
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From Public Monopsony to Competitive Market : More Efficiency But Higher Prices
Delfgaauw, Josse; Dur, Robert - 2021
This paper examines the consequences of creating a fully competitive market in a sector previously dominated by a cost-minimising public firm. Workers in the economy are heterogeneous in their motivation to work in the sector. In line with empirical findings, our model implies that firms in the...
Persistent link: https://www.econbiz.de/10013320250
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Doping and cheating in contest-like situations
Kräkel, Matthias (contributor) - 2006
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 in contest-like situations
Kräkel, Matthias - 2005
Individuals who compete in a contest-like situation (for example, in sports, in promotion tournaments, or in an …
Persistent link: https://www.econbiz.de/10010370525
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Uncertainty, Pay for Performance, and Asymmetric Information
Balmaceda, Felipe - 2010
This article develops a new rationale for the emergence of pay-for-performance contracts where the labor market is competitive, workers are risk averse, and firms are risk neutral and unaware of workers' productivities. The article shows that the prevalence of pay for performance rises and the...
Persistent link: https://www.econbiz.de/10013150889