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In this paper, we analyze a principal's optimal feedback policy in tournaments. We close a gap in the literature by … assuming the principal to be unable to commit to a certain policy at the beginning of the tournament. Our analysis shows that …
Persistent link: https://www.econbiz.de/10010365864
In this paper, we analyze a principal's optimal feedback policy in tournaments. We close a gap in the literature by … assuming the principal to be unable to commit to a certain policy at the beginning of the tournament. Our analysis shows that …
Persistent link: https://www.econbiz.de/10005822892
In this paper, we analyze a principal's optimal feedback policy in tournaments. We close a gap in the literature by … assuming the principal to be unable to commit to a certain policy at the beginning of the tournament. Our analysis shows that …
Persistent link: https://www.econbiz.de/10005785932
-takes-all tournament. We find that, regardless of the pay scheme used, feedback does not improve performance. There are no significant peer … employee effort. We explore three information policies: No feedback about relative performance, feedback given halfway through … the production period, and continuously updated feedback. The pay schemes are a piece rate payment scheme and a winner …
Persistent link: https://www.econbiz.de/10005703358
A real effort experiment is investigated in which supervisors have to rate the performance of individual workers who in …
Persistent link: https://www.econbiz.de/10010269805
A real effort experiment is investigated in which supervisors have to rate the performance of individual workers who in …
Persistent link: https://www.econbiz.de/10008557231
This paper reports the results from a large-scale laboratory experiment investigating the impact of tournament …
Persistent link: https://www.econbiz.de/10011459389
This paper reports the results from a large-scale laboratory experiment investigating the impact of tournament …
Persistent link: https://www.econbiz.de/10011479746
environments. To explore this further, we conducted a laboratory experiment comprising 444 subjects, and measured gender … differences in performance in four distinct competitive situations. These were as follows: (i) the standard tournament game where …
Persistent link: https://www.econbiz.de/10012485925
We study theoretically and experimentally the role of fatigue and recovery within a competitive work environment. At work, agents usually make their effort choice in response to competition and monetary incentives. At the same time, they have to take into account fatigue, which accumulates over...
Persistent link: https://www.econbiz.de/10011976073