Showing 1 - 10 of 13
Persistent link: https://www.econbiz.de/10011881583
We study experimentally the effects of sorting in contests between groups of heterogeneous players whose within-group efforts are perfect substitutes. The theory predicts that higher aggregate effort will be reached when variation in ability between groups is lower, i.e., by a more balanced...
Persistent link: https://www.econbiz.de/10010859283
We prove the existence of monotone pure strategy Bayesian equilibria in two types of contests between groups under incomplete information: (i) individual-level private information group contests, where each player only knows her own ability, and (ii) group-level private information group...
Persistent link: https://www.econbiz.de/10010902506
Persistent link: https://www.econbiz.de/10012390768
We prove the existence of monotone pure strategy Bayesian equilibria in group contests under individual-level and group-level private information. For the latter type, we develop a novel approach reducing group contests to contests between individuals with multi-dimensional types, with...
Persistent link: https://www.econbiz.de/10011103327
Persistent link: https://www.econbiz.de/10009777185
Contests are meant to attract the best performers and incentivize high effort, however, they may also attract cheaters who try to win via illicit means which crowds out the best performers. We use a laboratory experiment to explore the role of self-selection in contests with a possibility of...
Persistent link: https://www.econbiz.de/10011622776
A debate among practicing managers is whether to use cooperative or competitive incentives for team production. While competitive incentives may drive individual effort higher, they may also lead to less help and more sabotage; an issue exacerbated when team members' abilities are varied. Using a...
Persistent link: https://www.econbiz.de/10012873009
Contests are meant to attract the best performers and incentivize high effort, however, they may also attract cheaters who try to win via illicit means which crowds out the best performers. We use a laboratory experiment to explore the role of self-selection in contests with a possibility of...
Persistent link: https://www.econbiz.de/10011548973
A debate among practicing managers is whether to use cooperative or competitive incentives for team production. While competitive incentives may drive individual effort higher, they may also lead to less help and more sabotage; an issue exacerbated when team members' abilities are varied. Using a...
Persistent link: https://www.econbiz.de/10012621416