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The shape of luck and competition in winner-take-all tournaments

Ryvkin, Dmitry; Drugov, Mikhail - In: Theoretical Economics 15 (2020) 4, pp. 1587-1626

In winner-take-all tournaments, agents' performance is determined jointly by effort and luck, and the top performer is rewarded. We study the impact of the ''shape of luck'' -- the details of the distribution of performance shocks -- on incentives in such settings. We are concerned with the...

Persistent link: https://www.econbiz.de/10013189045

Three prominent tournament formats: predictive power and costs

Ryvkin, Dmitry; Ortmann, Andreas - 2006

Persistent link: https://www.econbiz.de/10003385299

Tournament rewards and heavy tails

Drugov, Mikhail; Ryvkin, Dmitry - In: Journal of economic theory 190 (2020), pp. 1-36

Persistent link: https://www.econbiz.de/10012547196

The shape of luck and competition in winner-take-all tournaments

Ryvkin, Dmitry; Drugov, Mikhail - In: Theoretical economics : TE ; an open access journal in … 15 (2020) 4, pp. 1587-1626

Persistent link: https://www.econbiz.de/10012415494

Strive to be first or avoid being last : an experiment on relative performance incentives

Dutcher, E. Glenn; Balafoutas, Loukas; Lindner, Florian; … - In: Games and economic behavior 94 (2015), pp. 39-56

Persistent link: https://www.econbiz.de/10011574878

Piece-rates and tournaments : implications for learning in a cognitively challenging task

So, Tony; Brown, Paul M.; Chaudhuri, Ananish; Ryvkin, Dmitry - In: Journal of economic behavior & organization : JEBO 142 (2017), pp. 11-23

Persistent link: https://www.econbiz.de/10011925931

How noise affects effort in tournaments

Drugov, Mikhail; Ryvkin, Dmitry - In: Journal of economic theory 188 (2020), pp. 1-23

Persistent link: https://www.econbiz.de/10012424334