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Multiple prizes in tournaments with career concerns
Correa, Alvaro Name; Yildirim, Huseyin - In: Journal of economic theory : JET 215 (2024), pp. 1-30
Persistent link: https://www.econbiz.de/10014460307
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Decentralization and governance
Faguet, Jean-Paul - In: World development : the multi-disciplinary … 53 (2014), pp. 2-13
Persistent link: https://www.econbiz.de/10010255498
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Exit and voice : Yardstick versus fiscal competition across governments
Bordignon, Massimo - In: Italian economic journal 1 (2015) 1, pp. 117-137
Persistent link: https://www.econbiz.de/10011532889
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Promotion tournaments in market equilibrium
Zábojník, Ján (contributor) - 2008
Standard models of promotion tournaments assume that firms can commit to arbitrary tournament prizes. In this paper, a firm's ability to adjust tournament prizes is constrained by the outside labor market, through the wages other firms are willing to offer to the promoted and unpromoted workers....
Persistent link: https://www.econbiz.de/10003790972
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Promotion tournaments in market equilibrium
Zábojník, Ján - In: Economic theory : official journal of the Society for … 51 (2012) 1, pp. 213-240
Persistent link: https://www.econbiz.de/10009583764
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Career Concerns and Product Market Competition
Feriozzi, Fabio - 2015
This paper studies the effect of increased competition in the product market on managerial incentives. I propose a simple model of career concerns where firms are willing to pay for managerial talent to reduce production costs, but also to subtract talented CEOs from competitors. This second...
Persistent link: https://www.econbiz.de/10012707360
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Competition and Career Advancement
Johnsen, Julian; Ku, Hyejin; Salvanes, Kjell G. - 2023
In standard promotion tournaments, contestants are ranked based on their output or productivity. We argue that workers’ career progression may also depend on their relative rankings in dimensions a priori unrelated to their job performance, such as visibility or in-person presence. Such...
Persistent link: https://www.econbiz.de/10014345961
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Inefficiencies from metropolitan political and fiscal decentralization : failures of tiebout competition
Calabrese, Stephen; Epple, Dennis N.; Romano, Richard E. - 2011
Persistent link: https://www.econbiz.de/10009259938
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Inefficiencies from metropolitan political and fiscal decentralization : failures of Tiebout competition
Calabrese, Stephen M.; Epple, Dennis N.; Romano, Richard E. - In: The review of economic studies 79 (2012) 3, pp. 1081-1111
Persistent link: https://www.econbiz.de/10009613905
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Inefficiencies from Metropolitan Political and Fiscal Decentralization : Failures of Tiebout Competition
Calabrese, Stephen - 2011
-best allocation and show efficiency can be implemented with decentralization using head taxes. We calibrate the model and compare … decentralization and property taxation are large, dissipating most if not all the potential welfare gains that efficient … decentralization could achieve. In property tax equilibrium centralization is frequently more efficient! An externality in community …
Persistent link: https://www.econbiz.de/10013121991