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) intensifies the competition: in particular, both top and mean realized scores increase. To tame incentives to provide excessively …
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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...
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that in two-player contests the optimal delegation involves giving the agent incentives to maximize principal's payoff … while in contests with more than two players incentives will be different from principal's payoff maximization. Further …
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We examine theoretically and experimentally how combining between-team and within-team incentives affects behavior in … team tournaments. Theory predicts that free-riding is likely to occur when there are only between-team incentives, and … offering within-team incentives may solve this problem. However, if individuals collude, then within-team incentives may not be …
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