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Impulsive behavior in competition : testing theories of overbidding in rent-seeking contests
Sheremeta, Roman M. - 2016
Persistent link: https://www.econbiz.de/10011569166
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The pros and cons of workplace tournaments
Sheremeta, Roman M. - 2016
Persistent link: https://www.econbiz.de/10011569200
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The pros and cons of workplace tournaments : tournaments can outperform other compensation schemes such as piece-rate and fixed wage contracts
Sheremeta, Roman M. - 2016
Tournaments are commonly used in the workplace to determine promotion, assign bonuses, and motivate personal development. Tournament-based contracts can be very effective in eliciting high effort, often outperforming other compensation contracts, but they can also have negative consequences for...
Persistent link: https://www.econbiz.de/10011554844
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Hidden Information, Bargaining Power, And Efficiency: An Experiment
Cabrales, Antonio; Charness, Gary; Villeval, Marie-Claire - HAL - 2011
number of agents because competition reduces the agents' informational monopoly power. However, this environment also … tendency to choose more 'generous' (and more efficient) contract menus over time. We find that competition leads to a … substantially higher probability of trade, and that, overall, competition between agents generates the most efficient outcomes. …
Persistent link: https://www.econbiz.de/10009220690
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Competition, Hidden Information and Efficiency: An Experiment
Cabrales, Antonio; Charness, Gary; Villeval, Marie-Claire - HAL - 2006
We devise an experiment to explore the effect of different degrees of competition on optimal contracts in a hidden … principals. We first show theoretically how these different degrees of competition affect outcomes and efficiency. Informational … relative number of agents because competition reduces the agents' informational monopoly power. However, this environment also …
Persistent link: https://www.econbiz.de/10008788974
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Male and Female Competitive Behavior - Experimental Evidence
Gupta, Nabanita Datta; Poulsen, Anders; Villeval, … - HAL - 2005
such differences are driven by different attitudes towards competition. In our experiment subjects choose between a …
Persistent link: https://www.econbiz.de/10008790516
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Competition and the Ratchet Effect
Charness, Gary; Kuhn, Peter; Villeval, Marie-Claire - HAL - 2011
competition for principals or agents. While we do observe substantial and significant ratchet effects in the baseline (no … competition) case of our model, we find that ratchet behavior is nearly eliminated by labor-market competition ; interestingly …
Persistent link: https://www.econbiz.de/10008792254
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Male and Female Competitive Behavior: Experimental
Gupta, Nabanita Datta; Poulsen, Anders; Villeval, … - HAL - 2005
such differences are driven by different attitudes towards competition. In our experiment subjects choose between a …
Persistent link: https://www.econbiz.de/10008792259
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The pros and cons of workplace tournaments
Sheremeta, Roman M. - In: IZA World of Labor (2016)
Tournaments are commonly used in the workplace to determine promotion, assign bonuses, and motivate personal development. Tournament-based contracts can be very effective in eliciting high effort, often outperforming other compensation contracts, but they can also have negative consequences for...
Persistent link: https://www.econbiz.de/10011573692
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Male and female competitive behavior: experimental evidence
Gupta, Nabanita Datta; Poulsen, Anders; Villeval, … - 2005
such differences are driven by different attitudes towards competition. In our experiment subjects choose between a …
Persistent link: https://www.econbiz.de/10010267595