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This paper develops a theory of contests based on perceived abilities, and provides evidence for the predictions of … this theory using panel data from professional soccer. We examine how soccer players perform in club matches during the … significant effect. We also find support for the theory that players whose nomination is close to certain reduce their effort in …
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Promotion tournaments play an important role for the provision of incentives in firms. In this paper, we extend research on single-stage rank-order tournaments and analyze behavior in multi-stage elimination tournaments. The main treatment of our laboratory experiment is a two-stage tournament...
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