Showing 1 - 10 of 78
Abstract This research reports the results of an analysis of prize structures among competing firms paying tournament wages. In motorcycle racing, sponsors compete in an auction for riders using tournament prizes as bids. Since racers can only ride one bike and wear one helmet, they are forced...
Persistent link: https://www.econbiz.de/10014587467
Abstract Existing theory suggests that three “order effects” may emerge in multi-stage tournaments with information … conditions and clear incentives.  …
Persistent link: https://www.econbiz.de/10014609585
Abstract This paper examines the loss participation of executives following the German law of adequacy of executive directors’ compensation (VorstAG). First I provide an overview and discussion of the relevant law’ contents. To examine the potential economic impact of the loss participation,...
Persistent link: https://www.econbiz.de/10014630774
tournaments literature by examining the performance of three data sets pertaining to the performance and evidence of tournament …
Persistent link: https://www.econbiz.de/10014785359
tournaments” from agency theory and the personal characteristics of perpetrators and victims. Research limitations … perpetrators and their participation in organisational politics and competitive tournaments may well be preventing the recognition … perspective. It also uses the concept of “tournaments” to propose why Australian managers tend to want to “sweep the issue under …
Persistent link: https://www.econbiz.de/10014873081
decision making creates problems of aligning incentives of vertically related agents, and coordinating the actions of different …
Persistent link: https://www.econbiz.de/10014588980
and experimentation. The results predict the underprovision of optimal incentives and deviation from a standard sufficient … statistics result from the agency literature. It also allows us to address the question of creating the optimal incentives in a …
Persistent link: https://www.econbiz.de/10014589057
This paper studies the interactions between health insurance and the incentives for innovation. Although we focus on … inadequate incentives to innovate. Standard results in the health literature suggest that health insurance leads to the … overutilization of health care. Our study of innovation in the pharmaceutical industry emphasizes the interaction of these incentives …
Persistent link: https://www.econbiz.de/10014591907
Summary This article compares the innovative activity of managerial and owner-led firms. The incentives to innovate for … growth in case of success is a positive incentive. In light of this conflicting incentives, we investigate empirically …
Persistent link: https://www.econbiz.de/10014608963
valid or not. Additionally, further kinds of incentives are taken into account. It is shown that the current structure of … the financial incentives influences the decision of the recipients much less than it is assumed. In contrast to this, the …. Therefore, a reform of the German system of social assistance should not only focus on financial incentives.  …
Persistent link: https://www.econbiz.de/10014608967