This experiment compares the performance of two contest designs: a standard winner-take-all tournament with a single …-take-all tournament. The proportional-prize contest performs better by limiting the degree to which heterogeneity among contestants …

This experiment compares the performance of two contest designs: a standard winnertake- all tournament with a single …-take-all tournament. The proportional-prize contest performs better by limiting the degree to which heterogeneity among contestants …

-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 …

-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 …

-takes-all contest in both dimensions if participants are risk-averse. Evidence from laboratory experiments is largely consistent with … of the contest maximizes total effort, while a structure with two appropriately chosen prizes (a runner-up prize and a … these predictions, suggesting that contest design should account for risk attitudes of participants. …

best-of-N contest with intermediate prizes distributed based on the players' relative performance. The model predicts that … performance differential between the winner and the loser in the contest. Empirically, we investigate these theoretical … Prix. The results indicate that the introduction of a relative performance scheme induces contest participants to intensify …

-takes-all contest in both dimensions if participants are risk-averse. Evidence from laboratory experiments is largely consistent with … of the contest maximizes total effort, while a structure with two appropriately chosen prizes (a runner-up prize and a … these predictions, suggesting that contest design should account for risk attitudes of participants. …

This experiment compares the performance of two contest designs: a standard winner-take-all tournament with a single …-take-all tournament. The proportional-prize contest performs better by limiting the degree to which heterogeneity among contestants …

from each contest in a laboratory experiment. Equilibrium and observed efforts are highest in winner-take-all contests … behavior across different types of contests, with subjects exerting higher effort in one contest also exerting higher effort in … another contest …

-takes-all contest in both dimensions if participants are risk-averse. Evidence from laboratory experiments is largely consistent with … of the contest maximizes total effort, while a structure with two appropriately chosen prizes (a runner-up prize and a … these predictions, suggesting that contest design should account for risk attitudes of participants. …