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In this paper, we analyze a principal's optimal feedback policy in tournaments. We close a gap in the literature by … assuming the principal to be unable to commit to a certain policy at the beginning of the tournament. Our analysis shows that …
Persistent link: https://www.econbiz.de/10013316760
behavior is almost non-existent. We study sabotage in tournaments in a controlled laboratory experiment and are able to confirm … the presence of tournament incentives, agents react reciprocally to higher wages, which mitigates the sabotage problem …
Persistent link: https://www.econbiz.de/10013158876
environments. To explore this further, we conducted a laboratory experiment comprising 444 subjects, and measured gender … differences in performance in four distinct competitive situations. These were as follows: (i) the standard tournament game where …
Persistent link: https://www.econbiz.de/10013240293
and cost side can be used separately to shape work performance. In our experiment, subjects work on a real-effort task …
Persistent link: https://www.econbiz.de/10012962308
The Peter Principle states that, after a promotion, the observed output of promotedemployees tends to fall. Lazear (2004) models this principle as resulting from a regression tothe mean of the transitory component of ability...
Persistent link: https://www.econbiz.de/10008939753
We study the determinants of biases in subjective performance evaluations in an MTurk experiment to test the … implications of a standard formal framework of rational subjective evaluations. In the experiment, subjects in the role of workers …
Persistent link: https://www.econbiz.de/10014078206
real effort experiment with participants who work directly for organizations with clear missions. Weeks before the … experiment, we survey potential participants for their organizational preferences. At the experiment, we randomly assign workers …
Persistent link: https://www.econbiz.de/10013076153
bonus is substantial. In this case, however, the data suggests that tournament competition crowds out voluntary cooperation …
Persistent link: https://www.econbiz.de/10012779052
This paper studies the impact of incentives on worker self-selection in a controlled laboratory experiment. In a first …. Depending on the treatment, the variable payment is either a piece rate, a tournament or a revenue-sharing scheme. We elicit … findings are as follows. First, output is much higher in the variable pay schemes (piece rate, tournament, and revenue sharing …
Persistent link: https://www.econbiz.de/10012780523
experiment that analyzes the influence of other-regarding preferences on sorting and incentives. Experimental evidence shows that …
Persistent link: https://www.econbiz.de/10013319186