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Optimal Effort Incentives in Dynamic Tournaments
Klein, Arnd - 2014
This paper analyzes two-stage rank-order tournaments. A principal decides (i) how to spread prize money across the two periods, (ii) how to weigh performance in the two periods when awarding the second-period prize, and (iii) whether to reveal performance after the first period. The information...
Persistent link: https://www.econbiz.de/10013046315
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Intertemporal effort provision in sequential tournaments : conference paper
Klein, Arnd Heinrich; Schmutzler, Armin - 2013
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
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Electives shopping, grading competition, and grading norms
Gregor, Martin - 2018
) intensifies the competition: in particular, both top and mean realized scores increase. To tame incentives to provide excessively …
Persistent link: https://www.econbiz.de/10011914839
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Incentives for journal editors
Kim, Jinyoung; Koh, Kanghyock - In: The Canadian journal of economics 47 (2014) 1, pp. 348-371
Persistent link: https://www.econbiz.de/10010373254
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Grind or gamble? : an experimental analysis of effort and spread seeking in contests
Andersson, Ola; Holm, Håkan J.; Wengström, Erik - 2017
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
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Classifying top economists using archetypoid analysis
Gralka, Sabine Marlene; Wohlrabe, Klaus - 2021
Updating the study by Seiler and Wohlrabe (2013) we use archetypoid analysis to classify top economists. The approach … from 776 top economists we identify four archetypoids. These types represent solid, low, top and diligent performer. Each …
Persistent link: https://www.econbiz.de/10012599140
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Classifying top economists using archetypoid analysis
Wohlrabe, Klaus; Gralka, Sabine Marlene - 2020
Updating the study by Seiler and Wohlrabe (2013) we use archetypoid analysis to classify top economists. The approach … from 776 top economists we identify four archetypoids. These types represent solid, low, top and diligent performer. Each …
Persistent link: https://www.econbiz.de/10012202406
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Why is Harvard #1? Governance and the Dominance of US Universities
Mehta, Shailendra - 2012
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...
Persistent link: https://www.econbiz.de/10014041068
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On esteem-based incentives
Mazyaki, Ali; Weele, Joël J. van der - 2018
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
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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 2,775 contestants in 755 software algorithm development contests with random assignment. The performance response to added contestants varies non-monotonically across contestants of...
Persistent link: https://www.econbiz.de/10010192352