factors could improve advice quality. Besides advisor competition and identifiability we add the possibility for clients to … identifiabilitiy (leading to several client-advisor interactions over the course of the game) or competition (allowing one advisor to …-telling under competition. …

factors could improve advice quality. Besides advisor competition and identifiability we add the possibility for clients to … (leading to several client-advisor interactions over the course of the game) or competition (allowing one advisor to have …

factors could improve advice quality. Besides advisor competition and identifiability, we add the possibility for clients to … make a voluntary payment, a bonus, after observing advice quality. While the combination of competition and reputation …. Thus, our results suggest that a voluntary component can act as a substitute for either competition or reputation …

competition, and/or the behavioral impacts of competition. Psychologically, a competitive environment alters incentives for ….e., succeeding in a competition is valuable per se. We design an experiment that allows us to disentangle financial and psychological …

the information structure, the mode of competition, and the degree of product differentiation. Moreover, in our experiment …

endogenous entry. At the first stage potential participants decide whether to enter competition, and at the second stage entrants …