Are 18 holes enough for Tiger Woods?

This paper addresses the selection problem in promotion tournaments. I consider a situation with heterogeneous employees and ask whether an employer might be interested in repeating a promotion tournament. On the one hand, this yields a reduction in uncertainty over the employees` abilities. On the other hand, there are costs if a workplace stays vacant.

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Year of publication:	2005
Authors:	Gürtler, Oliver
Publisher:	Bonn : University of Bonn, Bonn Graduate School of Economics (BGSE)
Subject:	Promotion tournament \| selection \| heterogeneous employees \| repetition

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Series:	Bonn Econ Discussion Papers ; 5/2005
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	487815866 [GVK] hdl:10419/22911 [Handle] RePEc:zbw:bonedp:52005 [RePEc]
Classification:	M51 - Firm Employment Decisions; Promotions (hiring, firing, turnover, part-time, temporary workers, seniority issues) ; D82 - Asymmetric and Private Information
Source:	EconStor

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