Managers often use tournament incentive schemes which motivate workers to compete for the top, compete to avoid the … levels for three tournament incentive schemes: reward tournaments, punishment tournaments, and tournaments combining reward … and punishment. We test the model s predictions in a laboratory experiment and find that the combination of reward and …

assuming the principal to be unable to commit to a certain policy at the beginning of the tournament. Our analysis shows that …

We study the effects of communication in an experimental tournament between teams. When teams, rather than individuals … reducing efforts. In our experiment we control the channels of communication by letting subjects communicate through an …