Showing 1 - 10 of 625
Although relative performance schemes are pervasive in organizations reliable empirical data on induced sabotage … behavior is almost non-existent. We study sabotage in tournaments in a controlled laboratory experiment and are able to confirm … one of the key insights from theory: effort and sabotage increase with the wage spread. Additionally, we find that even in …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10013158876
Gender differences in paid performance under competition have been found in many laboratory-based experiments, and it … the subject competes with three other individuals and the winner takes all; (ii) an anonymized competition in which an … individual competes against an imposed production target and is paid only if s/he exceeds it; (iii) a 'personified' competition …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10013240293
This paper investigates the effects of managerial incentives on favoritism in promotion decisions. First, we theoretically show that favoritism leads to a lower quality of promotion decisions and in turn lower efforts. But the effect can be mitigated by pay-for-performance incentives for...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10013128837
Promotion tournaments play an important role for the provision of incentives in firms. In this paper, we extend research on single-stage rank-order tournaments and analyze behavior in multi-stage elimination tournaments. The main treatment of our laboratory experiment is a two-stage tournament...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10013324780
We conduct a natural field experiment in a large retail chain to test basic predictions of tournament theory regarding prize spread and noise. A random subset of the 208 stores participates in two-stage elimination tournaments. Tournaments differ in the distribution of prize money across winners...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10013107475
economics. This paper explores voting on a scheme of intergroup competition which facilitates cooperation in a social dilemma … situation. Experimental results show that the competitive scheme fosters cooperation. Competition is popular but also that the … electoral outcome depends strongly on specific voting rules of institutional choice. If the majority decides, competition is …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10013104948
Not enough is known about the responsiveness of individuals, in particular those who tend to work under different incentives, to changes in marginal tax rates. We ask whether changes in marginal tax rates are less distortionary for workers engaged in a contest. To examine this potential...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10013049076
This paper investigates empirically whether decision makers are forward looking in dynamic strategic interactions. In particular, we test whether decision makers in multi-stage tournaments take heterogeneity induced changes of continuation values and the ability of their immediate opponent into...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10013009502
competition. Our subjects (students just under 15 years of age) attend publicly-funded single-sex and coeducational schools. We …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10012764654
This paper shows that the incentive effects of heterogeneity may be positive rather than negative in dynamic contests with multiple stages. In particular, the well-studied adverse effects of heterogeneity in static interactions are compensated by positive continuation-value and selection...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10013049077