referee and other misconducts, and between sanctioned behaviour of team captains and other players. Confirming the existing …

pay and performance. To the extent that product-market competition can affect the incentive schemes offered by firms to … their executives, the analysis of the effects of competition on the structure of compensation may be informative for policy …

We analyze the impact of social comparison on optimal contract design under imperfect labor market competition for … if the degree of competition for talent is sufficiently low. In contrast, a ranking unambiguously reduces welfare if the … competition intensity is high and agents suffer from lagging behind while it can enhance welfare (depending on the fraction of …

result of powerful managers setting their own pay. Others interpret high pay as the result of optimal contracting in a …

competition for talent. High-ability individuals receive higher pay, but are not more likely to be awarded long-term compensation …. These findings suggest that long-term compensation arises in an optimal contract, because competition for talent accentuates …

with the evolution in executive pay and the market for managers during earlier time periods. A case study of General …

with the evolution in executive pay and the market for managers during earlier time periods. A case study of General …