symphonic solution that is emancipatory of all incentives to conduct unethical manipulations of financial disclosures. The …

Incentives often distort behavior: they induce agents to exert effort but this effort is not employed optimally. This …

potentially leads to a large loss. The current paper studies how such risk-taking behavior depends on the level of competition … that the agents face. We study a tournament model and we find that more intense competition, measured by the number of …

potentially leads to a large loss. The current paper studies how such risk-taking behavior depends on the level of competition … that the agents face. We study a tournament model and we find that more intense competition, measured by the number of …

highest incentives to succeed in career contests. This detrimental incentive effect exists irrespective of whether effort and …. -- career competition ; contest ; mediocracy …

highest incentives to succeed in career contests. This detrimental incentive effect exists irrespective of whether effort and …