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collect data from a field experiment where incentives are exogenously imposed, performance is monitored and individual … characteristics are observed. Students are randomly assigned to a tournament scheme that fosters competition between coupled students … which students can neither compete, nor cooperate. In line with theoretical predictions, we find that competition induces …
Persistent link: https://www.econbiz.de/10013122404
of our laboratory experiment is a two-stage tournament in which equilibrium efforts are the same in both stages. We …
Persistent link: https://www.econbiz.de/10013324780
, and differential responses to luck account for about half of the gender performance gap in our experiment. These findings … help to explain both female underperformance in environments with repeated competition and the tendency for women to select …
Persistent link: https://www.econbiz.de/10013141427
experiment. We investigate whether information provision attracts mainly high productivity individuals and reduces competition … decision problem and to update beliefs about success. In the experiment, subjects face the choice between a competition game …This paper studies the influence of information on entry choices in a competition with a controlled laboratory …
Persistent link: https://www.econbiz.de/10013108628
Using a controlled experiment, we examine the role of nurture in explaining the stylized fact that women shy away from … competition. Our subjects (students just under 15 years of age) attend publicly-funded single-sex and coeducational schools. We …
Persistent link: https://www.econbiz.de/10012764654
The promotion tournament as a potentially important incentive mechanism for top management in transition economies has not been examined by the emerging literature on managerial incentives in transition economies. This paper is the first attempt to fill this important gap in the literature. The...
Persistent link: https://www.econbiz.de/10013324940
Several empirical studies have challenged tournament theory by pointing out that (1) there is considerable pay variation within hierarchy levels, (2) promotion premiums only in part explain hierarchical wage differences and (3) external recruitment is observable on nearly any hierarchy level. We...
Persistent link: https://www.econbiz.de/10013324969
In a real-effort experiment, we investigate how the timing of discretionary bonuses affects the relationship between …
Persistent link: https://www.econbiz.de/10012915741
Efficiency under contractual incompleteness often requires voluntary cooperation in situations where self-regarding incentives for contractual compliance are present as well. Here we provide a comprehensive experimental analysis based on the gift-exchange game of how explicit and implicit...
Persistent link: https://www.econbiz.de/10013123592
We use economic experiments to examine the nature of relational trading under a menu of incomplete contracts ranging from the repeat purchase mechanism of Klein and Leffler (1981) to highly incomplete contracts that are completely unenforceable by third-parties. Our results suggest that, with...
Persistent link: https://www.econbiz.de/10013316957