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A model of tournament incentives with corruption
Wang, Bin; Zheng, Yu - 2018
We provide a theory of how growth, corruption, and a low-powered public-sector pay scale coexist in a stable … equilibrium in the early stage of China's development. The regionally decentralized authoritarian regime of China features lower …-powered public-sector pay scale in China. We propose a principal-agent model, where the principal represents the Chinese people …
Persistent link: https://www.econbiz.de/10011907238
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Selection, tournaments, and dishonesty
Faravelli, Marco; Friesen, Lana; Gangadharan, Lata - In: Journal of economic behavior & organization : JEBO 110 (2015), pp. 160-175
Persistent link: https://www.econbiz.de/10011399095
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Competition and risk-taking
Gürtler, Oliver; Struth, Lennart; Thon, Max - 2022
that the agents face. We study a tournament model and we find that more intense competition, measured by the number of …
Persistent link: https://www.econbiz.de/10013337710
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Competition and risk-taking
Gürtler, Oliver; Struth, Lennart Niklas; Thon, Max - In: European economic review : EER 160 (2023), pp. 1-19
Persistent link: https://www.econbiz.de/10014461381
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Competition and risk-taking
Gürtler, Oliver; Struth, Lennart; Thon, Max - 2022 - Updated version
that the agents face. We study a tournament model and we find that more intense competition, measured by the number of …
Persistent link: https://www.econbiz.de/10013438624
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Tournaments with reserve performance
Drugov, Mikhail; Ryvkin, Dmitry; Zhang, Jun - 2022
Persistent link: https://www.econbiz.de/10012939850
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Psychological incentives, financial incentives, and risk attitudes in tournaments : an artefactual field experiment
Cadsby, Charles Bram; Engle-Warnick, Jim; Fang, Tony; … - 2014
Persistent link: https://www.econbiz.de/10011283941
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Relative performance pay in the shadow of crisis
Kräkel, Matthias; Nieken, Petra - 2013
We analyze whether incentives from relative performance pay are reduced or enhanced if a department is possibly terminated due to a crisis. Our benchmark model shows that incentives decrease in a severe crisis, but are boosted given a minor crisis since efforts are strategic complements in the...
Persistent link: https://www.econbiz.de/10010198988
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Honesty in tournaments
Conrads, Julian; Irlenbusch, Bernd; Rilke, Rainer Michael; … - In: Economics letters 123 (2014) 1, pp. 90-93
Persistent link: https://www.econbiz.de/10010396506
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Psychological incentives, financial incentives, and risk attitudes in tournaments : an artefactual field experiment
Cadsby, Bram; Engle-Warnick, Jim; Fang, Tony; Song, Fei - 2015
comparison group in China, we examine how both psychological and financial incentives, together with attitudes toward risk, may …
Persistent link: https://www.econbiz.de/10011407820