Rank-order tournaments are usually modeled simultaneously. However, real tournaments are often sequential. We show that … agents’ strategic behavior in sequential-move tournaments significantly differ from the one in simultaneous-move tournaments …

tournaments (i.e., tournaments that are intertemporally linked), which also enhances incentives. …Splitting leagues or tournaments seems to be puzzling when agents are homogeneous and splitting leads to a negative … used as a divide-and-rule strategy by the principal to create additional incentives when collusion among the agents is …

Tournaments are widely used in the economy to organize production and innovation. We study individual data on 2 …

-workers. Assuming heterogeneity among the workers the interplay of emotions and incentives is analyzed within the framework of rank …-order tournaments which are frequently used in practice. Tournaments seem to be an appropriate starting point for this concept because … the main idea of a tournament is inducing incentives by making workers compare themselves with their opponents. We …