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One for sure or three maybe - Empirical evidence for overtime play from Swiss ice hockey

Franck, Egon; Theiler, Philipp - Institut für Strategie und Unternehmensökonomik … - 2008

In order to avoid too many tied games after playing the five-minute overtime period, the National Hockey League … introduced two rule changes in the 1999-2000 season. First, a team that loses in overtime receives one point instead of zero … points. Second, the number of skaters in overtime is reduced from five to four. The theoretical literature analyzing these …

Persistent link: https://www.econbiz.de/10005068260

One for Sure or Maybe Three : Empirical Evidence for Overtime Play from a Comparison of Swiss Ice Hockey and the NHL

Franck, Egon; Theiler, Philipp - In: Jahrbücher für Nationalökonomie und Statistik 232 (2012) 3, pp. 210-223

(NHL) introduced two rule changes in the 1999-2000 season. First, a team that loses in overtime receives one point instead …Summary In order to avoid too many tied games after playing the five-minute overtime period, the National Hockey League … of zero points. Second, the number of skaters in overtime is reduced from five to four. The theoretical literature …

Persistent link: https://www.econbiz.de/10014609393

One for Sure or Maybe Three Empirical Evidence for Overtime Play from a Comparison of Swiss Ice Hockey and the NHL

Franck, Egon; Theiler, Philipp - In: Journal of Economics and Statistics (Jahrbuecher fuer … 232 (2012) 3, pp. 210-223

In order to avoid too many tied games after playing the five-minute overtime period, the National Hockey League (NHL …) introduced two rule changes in the 1999-2000 season. First, a team that loses in overtime receives one point instead of zero … points. Second, the number of skaters in overtime is reduced from five to four. The theoretical literature analyzing these …

Persistent link: https://www.econbiz.de/10010570340

Anreizwirkungen und Bewertung von Erfolgsbeteiligungen im Portefeuillemanagement

Gillenkirch, Robert M. - 1997

Performance fees for portfolio managers are designed to align the managers' goals with those of the investors and to motivate managers to aquire superior information and to make better investment decisions. A part of the literature analyzes performance fees on the basis of market valuation. In...

Persistent link: https://www.econbiz.de/10010316252

Incentive effects in tournaments with heterogeneous competitors: An analysis of the Olympic Rowing Regatta in Sydney 2000

Bach, Norbert; Gürtler, Oliver; Prinz, Joachim - In: Management Revue 20 (2009) 3, pp. 239-253

A large part of the theoretical tournament literature argues that rank-order tournaments only unfold their incentive effects if the contestants all have similar prospects of winning. In heterogeneous fields, the outcome of the tournament is relatively clear and the contestants reduce their...

Persistent link: https://www.econbiz.de/10010318184

Surviving Unemployment without State Support: Unemployment and Household Formation in South Africa

Klasen, Stephan; Woolard, Ingrid - 2000

High unemployment in many OECD countries is often attributed, at least in part, to the generosity and long duration of unemployment compensation. It is therefore instructive to examine a country where high unemployment exists despite the near complete absence of an unemployment insurance system....

Persistent link: https://www.econbiz.de/10010262445

Tournament fever and the perception of strategic uncertainty in performance contests

Uske, Tobias - 2008

As firms implement tournament bonus reward schemes, mainly the idea is to introduce competition amongst their agents in the order to promote their performance. Tournaments in which agents compete for a bonus by investing effort, are frequently applied, e.g., in development races, political...

Persistent link: https://www.econbiz.de/10010263891

Labour supply and taxes

Meghir, Costas; Phillips, David - 2008

In this paper we provide an overview of the literature relating labour supply to taxes and welfare benefits with a focus on presenting the empirical consensus. We begin with a basic continuous hours model, where individuals have completely free choice over their hours of work. We then consider...

Persistent link: https://www.econbiz.de/10010268568

The incentive effects of long-term contracts on performance - Evidence from a natural experiment in European Football

Gerfin, Michael; Feess, Eberhard; Mühlheusser, Gerd - 2010

The empirical analysis of the impact of long-term contracts on performance is challenging for two reasons: first, it is difficult to get adequate performance measures and second, potentially negative incentive effects of long-term contracts are countervailed by selection effects when workers...

Persistent link: https://www.econbiz.de/10010270241

The Effects of Binding and Non-Binding Job Search Requirements

Arni, Patrick; Schiprowski, Amelie - 2015

Job search requirements constrain the effort choice of unemployment insurance recipients by enforcing a minimum number of monthly applications. This paper is the first to assess how individual search effort, job finding and job stability react to this constraint. Standard job search theory...

Persistent link: https://www.econbiz.de/10010513227