Showing 81 - 90 of 712,784
. -- career competition ; contest ; mediocracy …
Persistent link: https://www.econbiz.de/10003906411
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
Motivated by the EU concept of Pre-Commercial Procurement and the massivepresence of SMEs in the European economy, we study how budget constraints affect R&D effort in sequential elimination tournaments. We show that introducingbudget constraints leads to a non-monotonicity in unconstrained...
Persistent link: https://www.econbiz.de/10012894985
We study a model of imperfectly discriminating contests with two ex ante symmetric agents. We consider four institutional settings: Contestants move either sequentially or simultaneously and in addition their types are either public or private information. We find that an effort-maximizing...
Persistent link: https://www.econbiz.de/10009124645
Motivated by the EU concept of Pre-Commercial Procurement and the massivepresence of SMEs in the European economy, we study how budget constraints affect R&D effort in sequential elimination tournaments. We show that introducingbudget constraints leads to a non-monotonicity in unconstrained...
Persistent link: https://www.econbiz.de/10011945832
This paper investigates the optimal formation of teams in a tournament. A manager sorts four workers---who differ in their productivity---into two teams. Workers on each team join forces to produce team output, and one team wins a prize; e.g., a bonus package. Two sorting patterns are possible:...
Persistent link: https://www.econbiz.de/10014243687
We propose a theory of tax centralization and inter governmental grants in politico-economic equilibrium. The cost of …
Persistent link: https://www.econbiz.de/10011523762
We propose a theory of tax centralization and inter governmental grants in politico-economic equilibrium. The cost of …
Persistent link: https://www.econbiz.de/10011523838
can promote cooperation through a combination of sorting and opportunistic signaling, with late period defections by … remains unclear. In each of six treatments that vary the cooperation premium and the informational basis for reputation …, that with a high cooperation premium and good information, investment in reputation grows across sets of finitely …
Persistent link: https://www.econbiz.de/10010126752
interest in those parameters, voting patterns suggest significant influence of cooperative orientation, political attitudes …, and of gender and intelligence. -- Public good ; voluntary contribution ; formal sanction ; experiment ; penalty ; voting …
Persistent link: https://www.econbiz.de/10008688959