Managers often use tournament incentive schemes which motivate workers to compete for the top, compete to avoid the …

To examine the impact of globalization on managerial compensation, we consider a matching model where firms compete …, while the most able managers obtain a wage increase, less able managers are faced with a reduction in wages. Hence our model …

The paper presents experimental evidence on the impact of managers and their incentives on the behavior of group … particular if the managers payoff does not depend on the members behavior. Different incentives schemes induce the managers to … lead the groups into different directions but incentivized managers are less capable of inducing very high or low contest …

This paper develops a labour market matching model with heterogeneous firms, on-thejob search and referrals. Social …

. Only wage mechanisms that allow for ex post competition generate the maximum matching on a realized network. We show that …