Showing 1 - 10 of 471
Persistent link: https://www.econbiz.de/10003729990
Persistent link: https://www.econbiz.de/10003762784
Persistent link: https://www.econbiz.de/10003783839
Persistent link: https://www.econbiz.de/10003330182
Persistent link: https://www.econbiz.de/10003340115
Persistent link: https://www.econbiz.de/10003901873
We analyze the optimal choice of risk in a two-stage tournament game between two players that have different concave utility functions. At the first stage, both players simultaneously choose risk. At the second stage, both observe overall risk and simultaneously decide on effort or investment....
Persistent link: https://www.econbiz.de/10003471787
Individuals who compete in a contest-like situation (for example, in sports, in promotion tournaments, or in an appointment contest) may have an incentive to illegally utilize resources in order to improve their relative positions. We analyze such doping or cheating within a tournament game...
Persistent link: https://www.econbiz.de/10003377751
We show that incompetitive careers based on individual performance the least productive individuals may have the highest probabilities to be promoted to top positions. These individuals have the lowest fall-back positions and, hence, the highest incentives to succeed in career contests. This...
Persistent link: https://www.econbiz.de/10003909300
When a multi-plant firm must close one unit due to declining demand it can choose between two alternatives. On the one hand, the firm can announce a certain span of time in which the plants are evaluated according to relative performance with the least performing plant being shut down in the end...
Persistent link: https://www.econbiz.de/10003947945