It is difficult to test the prediction that future career prospects create implicit effort incentives because …

It is difficult to test the prediction that future career prospects create implicit effort incentives because …

-workers. Assuming heterogeneity among the workers the interplay of emotions and incentives is analyzed within the framework of rank …-order tournaments which are frequently used in practice. Tournaments seem to be an appropriate starting point for this concept because … the main idea of a tournament is inducing incentives by making workers compare themselves with their opponents. We …

We show that the optimal prize structure of symmetric n-player Tullock tournaments assigns the entire prize pool to the …

We analyze whether incentives from relative performance pay are reduced or enhanced if a department is possibly … terminated due to a crisis. Our benchmark model shows that incentives decrease in a severe crisis, but are boosted given a minor …