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work periods as tournaments that are linked through fatigue spillovers, inducing a non-time-separable decision problem. We …
Persistent link: https://www.econbiz.de/10011976073
Does gender play a role in the context of team work? Our results based on a real-effort experiment suggest that performance depends on the composition of the team. We find that female and male performance differ most in mixed teams with revenue sharing between the team members, as men put in...
Persistent link: https://www.econbiz.de/10010365905
Many tournaments are plagued by sabotage among competitors. Typically, sabotage is welfare-reducing, but from an … qualified ones. From a survey among spectators, we show that sabotage is welfare-reducing. -- tournaments ; sabotage ; Judo …
Persistent link: https://www.econbiz.de/10009530844
We utilize a laboratory experiment to compare effort provision under optimal tournament contracts with different distributions of prizes which motivate agents to compete to be first, avoid being last, or both. We find that the combined tournament contract incorporating both incentives at the top...
Persistent link: https://www.econbiz.de/10011337036
levels for three tournament incentive schemes: reward tournaments, punishment tournaments, and tournaments combining reward … punishment produces the highest effort from agents, especially in contests of a relatively larger size. Punishment is shown to be … more effective and, in larger contests, more efficient than rewards, and it is also the mechanism with the lowest variance …
Persistent link: https://www.econbiz.de/10010340563
Many tournaments are plagued by sabotage among competitors. Typically, sabotage is welfare-reducing, but from an … qualified ones. From a survey among spectators, we show that sabotage is welfare-reducing. -- tournaments ; sabotage ; Judo …
Persistent link: https://www.econbiz.de/10009737429
Tournaments are widely used in organizations, explicitly or implicitly, to reward the best-performing employees, e …. Specifically, punishment tournaments lead to higher profits of the firm. The reason is that low-ability agents are discouraged less … in punishment tournaments than in reward tournaments, and hence can be compensated less to meet their participation …
Persistent link: https://www.econbiz.de/10009742082
Managers often use tournaments which motivate workers to compete for the top, compete to avoid the bottom, or both. In … from agents, especially in contests of a relatively larger size. Avoiding being last is shown to produce the lowest … variance of effort, be more effective and, in larger contests, more efficient than competing for the top. Finally, we show that …
Persistent link: https://www.econbiz.de/10009743404
This study examines experimentally how dishonest behavior in the form of misreporting others' performance depends on the nature of provided incentives. We conduct a 'lab in the field' experiment with internal auditors during two large conferences in Germany and evaluate their performance and...
Persistent link: https://www.econbiz.de/10011639592
Electronic commerce has grown extraordinarily over the years, with online auctions being extremely successful forms of trade. Those auctions come in a variety of different formats, such as the Buy-It-Now auction format on eBay, that allows sellers to post prices at which buyers can purchase a...
Persistent link: https://www.econbiz.de/10003935655