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I investigate whether two mechanisms leading to biased beliefs about success, overconfidence and competition neglect … making their decision. Second, I vary whether the competition group consists of all potential competitors or only of …
Persistent link: https://www.econbiz.de/10011900069
In standard promotion tournaments, contestants are ranked based on their output or productivity. We argue that workers’ career progression may also depend on their relative rankings in dimensions a priori unrelated to their job performance, such as visibility or in-person presence. Such...
Persistent link: https://www.econbiz.de/10014345961
Competition for limited resources is ubiquitous in social and economic life and has sparked a large body of research on …
Persistent link: https://www.econbiz.de/10013237421
Cooperation and competition are both essential elements of economic life. Here we explore how cooperativeness in a …
Persistent link: https://www.econbiz.de/10014137086
Cooperation and competition are both essential elements of economic life. Here we explore how cooperation in a prisoner …
Persistent link: https://www.econbiz.de/10014146125
We investigate the impact on perceived and actual employability when job candidates signal different personal tastes for competitions. Using three experiments, with over 2000 participants in total, we show that candidates who are not willing to compete at all risk being perceived as less...
Persistent link: https://www.econbiz.de/10013307450
We analyze equally competitive spouses competing for promotion in their respective workplaces and show that an asymmetric equilibrium featuring household specialization can arise. Examples where the asymmetric equilibrium is welfare-superior to the symmetric equilibrium are highlighted. By...
Persistent link: https://www.econbiz.de/10013292778
We analyze equally competitive spouses competing for promotion in their respective workplaces and show that an asymmetric equilibrium featuring household specialization can arise. Examples where the asymmetric equilibrium is welfare-superior to the symmetric equilibrium are highlighted. By...
Persistent link: https://www.econbiz.de/10013293277
This paper explores the concept of profit sharing as a prospective source of labour income. The paper suggests a paradigm shift: a synthesis of differing perspectives in wage formation to redefine the concept of labour income. The proposed arrangements attempt to conceptualise the productive...
Persistent link: https://www.econbiz.de/10012954902
Ample experimental evidence demonstrates a positive wage-effort relationship in which the results from the employee's effort lead to deterministic firm' payoffs. We thus investigate a reframed version of the gift-exchange game by Fehr et al. (1998) in which the firms' payoffs can take two values...
Persistent link: https://www.econbiz.de/10012959242