in a tournament, but increase individual and total output. If the tournament is optimally designed, welfare is higher if …

assuming the principal to be unable to commit to a certain policy at the beginning of the tournament. Our analysis shows that …

manager’s subordinates. In our set up, managers compete to obtain a large bonus which depends partly on the effort exerted by … their subordinates. Managers can suggest an effort level and coerce subordinates who disobey by punishing them. When … managers compete for individual bonuses, we find that subordinates do not obey their demands. This doubles coercion rates …

power." We study three widely used tournament formats: contests, binary elimination tournaments, and round-robin tournaments …

high-prize tournament, while low-ability agents compete for the low prize. However, there are also equilibria in which … agents follow a mixed strategy and there can be reverse sorting, i.e. low-ability agents are in the tournament with the high … prize, while high-ability agents are in the low-prize tournament. We show that total effort always decreases compared to a …

We present the results of a new, tournament-style design of a contingent choice survey about management options at … North Cascades National Park (NCNP). In our tournament-style survey, each respondent explicitly ranks several sets of …, suggesting that the tournament-style format can add usefully to the data collected by a survey. We find strong evidence of nonuse …

Tournaments are widely used to assign bonuses and determine promotions. Tournament-based compensation is motivating …