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-...

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...

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...

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....

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....

This paper examines three related puzzles: 1) Why do US universities dominate the global rankings? 2) Within US universities, why is Harvard University usually ranked at the top? 3) While most universities take centuries to acquire a global reputation how have many US universities leapfrogged to...