tournaments and piece rates as alternative incentive schemes has focused on the case of unlimited liability. However, in practice … under piece rates than under tournaments. Moreover, if first-best implementation is not achieved and workers earn positive … rents, efforts and profits will be larger for piece rates than for tournaments given sufficiently convex costs. While …

This paper shows an application of Promotion Tournaments to religious organizations, which is appropriate, especially … suitability of the use Tournaments in religious organizations, regarding the optimal structure of contracts in order to select, as …, both with two clerics with homogeneous skills. Finally, we discuss the advantages and limitations of the Tournaments …