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Internal labor markets and worker rents
Kräkel, Matthias; Schöttner, Anja - In: Journal of Economic Behavior & Organization 84 (2012) 2, pp. 491-509
We show that establishing an internal labor market by offering combined contracts across hierarchy levels strictly dominates external recruitment when workers are homogeneous. The reason is that only an internal labor market can exploit higher tier rents for incentive provision on lower tiers....
Persistent link: https://www.econbiz.de/10011048204
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Performance responses to competition across skill-levels in rank order tournaments : field evidence and implications for tournament design
Boudreau, Kevin J.; Helfat, Constance E.; Lakhani, Karim R. - 2013
Tournaments are widely used in the economy to organize production and innovation. We study individual data on 2 …
Persistent link: https://www.econbiz.de/10010192352
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Adapting Strategic Risk in Corporate Tournaments
Bono, James - 2008
strategic variability in corporate promotion tournaments. The model describes a situation in which agents are promoted to a …
Persistent link: https://www.econbiz.de/10005162564
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Commitment in R&D Tournaments via Strategic Delegation to Overoptimistic Managers
Englmaier, Florian - 2010
race nature of R&D tournaments. …
Persistent link: https://www.econbiz.de/10010333715
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Incentive Effects in Asymmetric Tournaments Empirical Evidence from the German Hockey League
Nieken, Petra; Stegh, Michael - 2010
Following tournament theory, incentives will be rather low if the contestants of a tournament are heterogeneous. We empirically test this prediction using a large dataset from the German Hockey League. Our results show that indeed the intensity of a game is lower if the teams are more...
Persistent link: https://www.econbiz.de/10010333953
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Promotion rat race and public policy
Bjertnæs, Geir H. - 2012
This study investigates whether excess effort to climb a career ladder justifies policy interventions. The answer depends on whether the government is able to levy a higher tax burden on career workers than on non-career workers. Both a tax on top income aimed at lowering the rewards of...
Persistent link: https://www.econbiz.de/10011968456
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Tournaments and piece rates revisited: A theoretical and experimental study of premium incentives
Güth, Werner; Levínský, René; Pull, Kerstin; Weisel, Ori - 2010
Tournaments represent an increasingly important component of organizational compensation systems. While prior research … focused on fixed-prize tournaments, i.e., on tournaments where the prize or prize sum to be awarded is set in advance, we …-prize tournaments, are based on relative performance, the prize to be awarded is not set in advance but is a function of the firm …
Persistent link: https://www.econbiz.de/10010269742
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Productivity in contests: Organizational culture and personality effects
Andersson, Ola; Huysentruyt, Marieke; Miettinen, Topi; … - 2010
We study the interaction of organizational culture and personal prosocial orientation in team work where teams compete against each other. In a computerized lab experiment with minimal group design, we prime subjects to two alternative organizational cultures emphasizing either self-enhancement...
Persistent link: https://www.econbiz.de/10010270029
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Incentives versus sorting in tournaments: evidence from a field experiment
Leuven, Edwin; Oosterbeek, Hessel; Sonnemans, Joep; van … - 2008
A vast body of empirical studies lends support to the incentive effects of rank-order tournaments. Evidence comes from … tournaments may bias these non-experimental studies, whereas short task duration or lack of distracters may limit the external … where students selected themselves into tournaments with different prizes. Within each tournament the best performing …
Persistent link: https://www.econbiz.de/10010274401
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Person-Organization Fit and Incentives: A Causal Test
Andersson, Ola; Huysentruyt, Marieke; Miettinen, Topi; … - 2014
We investigate the effects of organizational culture and personal value orientations on performance under individual and team contest incentives. We develop a model of regard for others and in-group favoritism predicting interaction effects between organizational culture and personal values in...
Persistent link: https://www.econbiz.de/10010504480