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Risk-Taking Tournaments: Theory and Experimental Evidence

Nieken, Petra; Sliwka, Dirk - Institute for the Study of Labor (IZA) - 2008

We study risk-taking behavior in a simple two person tournament in a theoretical model as well as a laboratory experiment. First, a model is analyzed in which two agents simultaneously decide between a risky and a safe strategy and we allow for all possible degrees of correlation between the...

Persistent link: https://www.econbiz.de/10005822136

Do Institutions, Ownership, Exporting and Competition Explain Firm Performance? Evidence from 26 Transition Countries

Commander, Simon; Svejnar, Jan - Institute for the Study of Labor (IZA) - 2007

Enterprise Performance Survey (BEEPS) to assess the effect on performance of ownership, competition, export orientation and the … variables and endogeneity that plague studies in this area. We find that foreign ownership and competition have an impact on …

Persistent link: https://www.econbiz.de/10005822639

Do Market Pressures Induce Economic Efficiency: The Case of Slovenian Manufacturing, 1994-2001

Orazem, Peter F.; Vodopivec, Milan - Institute for the Study of Labor (IZA) - 2003

The Slovenian transition represents a slow but steady liberalization of constraints on competition. Using a unique … as surviving firms, prove to be the major source of TFP gains. Market competition from new entrants, foreign-owned firms …, and international trade also raise firm efficiency in the industry. Results strongly confirm that market competition …

Persistent link: https://www.econbiz.de/10005822655

Game, Set, and Match: Do Women and Men Perform Differently in Competitive Situations?

Jetter, Michael; Walker, Jay K. - Institute for the Study of Labor (IZA) - 2015

This paper analyzes potential gender differences in competitive environments using a sample of over 100,000 professional tennis matches. We focus on two phenomena of the labor and sports economics literature: the hot-hand and clutch-player effects. First, we find strong evidence for the hot-hand...

Persistent link: https://www.econbiz.de/10011214022

Add-on Pricing, Naive Consumers, and the Hidden Welfare Costs of Education

Kosfeld, Michael; Schüwer, Ulrich - Institute for the Study of Labor (IZA) - 2011

Previous research shows that firms shroud high add-on prices in competitive markets with naive consumers leading to inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare. Our model allows firms to shroud, unshroud, or...

Persistent link: https://www.econbiz.de/10009359868

Team Production in Competitive Labor Markets with Adverse Selection

Siemens, Ferdinand von; Kosfeld, Michael - CESifo - 2014

Team production is a frequent feature of modern organizations. Combined with team incentives, team production can create externalities among workers, since their utility upon accepting a contract depends on their team’s performance and therefore on their colleagues’ productivity. We study...

Persistent link: https://www.econbiz.de/10010743453

Gender Differences in Strategic Behaviour under Competitive Pressure: Evidence on Omission Patterns in University Entrance Examinations

Pekkarinen, Tuomas - Institute for the Study of Labor (IZA) - 2014

This paper studies gender differences in performance in university entrance examinations. We exploit data from the exams that the nine Finnish universities providing education in economics and business use to choose their students. These exams are multiple choice tests where wrong answers are...

Persistent link: https://www.econbiz.de/10010752229

The Impact of Losing in a Competition on the Willingness to Seek Further Challenges

Buser, Thomas - CESifo - 2014

of winning and losing in a competition on the willingness to seek further challenges. Participants in a lab experiment … compete in two-person tournaments and are then informed of their score and the outcome of the competition. Conditional on the …

Persistent link: https://www.econbiz.de/10010812497

Do Markets Erode Social Responsibility?

Bartling, Björn; Weber, Roberto A. - CESifo - 2013

seller competition and limited consumer information. Fair behavior in the market is slightly lower than that measured in …

Persistent link: https://www.econbiz.de/10010718529

Gender and Competition: Evidence from Jumping Competitions

Böheim, René; Lackner, Mario - Institute for the Study of Labor (IZA) - 2013

We analyze if female athletes differ from male athletes in their competitive behavior, using data from high jump and pole vault competitions. We estimate if female athletes use risky strategies as often as male athletes and whether or not their returns to risky strategies differ. Returns to...

Persistent link: https://www.econbiz.de/10011096075