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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
Das Handelsblatt-Ranking BWL erschien 2012 zum zweiten Mal und wurde von über 300 Wissenschaftlern boykottiert. Nach Vorstellung des Rankings und der wichtigsten Argumente für den Boykott werden wesentliche Diskussionsbeiträge zu dem Ranking und Boykott präsentiert und kommentiert. Dabei...
Persistent link: https://www.econbiz.de/10009727750
We conduct a contest experiment where participants can invest in increasing both the mean and the spread of an uncertain performance variable. Subjects are treated with different prize schemes and in accordance with theory we observe substantial investments in spread. We find that both types of...
Persistent link: https://www.econbiz.de/10011586585
Incentives based on esteem, honor and shame are increasingly popular and easy to use due to modern surveillance … Tirole (2011) to explore the effect of esteem-based incentives and their interaction with traditional monetary incentives. We … show that esteem-based incentives can indeed lead to a loss of control by generating multiple equilibria, some of which …
Persistent link: https://www.econbiz.de/10011844573
Policies supporting international student mobility prepare young people for the challengesof global and multicultural environments. However, disadvantaged students have lowerparticipation rates in mobility schemes, and hence benefit less from their positive impactson career progression....
Persistent link: https://www.econbiz.de/10012836557
Policies supporting international student mobility prepare young people for the challenges of global and multicultural environments. However, disadvantaged students have lower participation rates in mobility schemes, and hence benefit less from their positive impacts on career progression....
Persistent link: https://www.econbiz.de/10012202811
This apology is neither a wholesale rejection of economic thought and perspective nor an admission of error in our understanding of ecological values or human impacts on the environment. Life is complex. It's an apology for the unintended damage that's resulted from misapplying economic ideas:...
Persistent link: https://www.econbiz.de/10013085457
Which schools of thought are favored by German economists? What makes a good economist and which economists have been … ‘Verein für Socialpolitik’, the association of German speaking economists. An econometric analysis is used to identify to what … economists favor Neoclassics as a school of thought and appreciate the contributions of their Anglo-Saxon colleagues much more …
Persistent link: https://www.econbiz.de/10014202426
We study how different demographic groups respond to incentives by comparing their performance in "high" and "low …
Persistent link: https://www.econbiz.de/10011996241
Persistent link: https://www.econbiz.de/10011283966