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We investigate how individual risk preferences affect the likelihood of selecting the more able contestant within a two-player Tullock contest. Our theoretical model yields two main predictions: First, an increase in the risk aversion of a player worsens her odds unless she already has a...
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-male groups suggesting that female representation increases fairness …
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experiment, we systematically vary the fairness of the competition setting. We find that concerns for the chance of winning trump … concerns for fairness for most, but not all, people. A majority of participants who compete under fair circumstances are … concerns for fairness. Our results are relevant for management practices, in particular for the decision to introduce …
Persistent link: https://www.econbiz.de/10013239607
We show that choices in competitive behavior may entail a gender wage gap. In our experi ments, employees first choose a remuneration scheme (competitive tournament vs. piece rate) and then conduct a real-effort task. Employers know the pie size the employee has generated, the remuneration...
Persistent link: https://www.econbiz.de/10011433393
If individual abilities are imperfectly observable, statistical discrimination may affect hiring decisions. In our lab experiment, pairs of subjects solve simple mathematical problems. Subjects then hire others to perform similar tasks. Before choosing whom to hire, they receive information...
Persistent link: https://www.econbiz.de/10012001812
We consider in this paper whether the gender mix at the level of decision-makers in firms can influence gender representation at the employee level. We run a laboratory experiment whereby we present a pair of independent employers with applications from two potential employees. We consider...
Persistent link: https://www.econbiz.de/10011285423
If individual abilities are imperfectly observable, statistical discrimination may affect hiring decisions. In our lab experiment, pairs of subjects solve simple mathematical problems. Subjects then hire others to perform similar tasks. Before choosing whom to hire, they receive information...
Persistent link: https://www.econbiz.de/10012213010
This paper studies the impact of incentives on worker self-selection in a controlled laboratory experiment. Subjects face the choice between a fixed and a variable payment scheme. Depending on the treatment, the variable payment is a piece rate, a tournament or a revenue-sharing scheme. We find...
Persistent link: https://www.econbiz.de/10009012616