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Costly competitions between economic agents are modeled as contests. Researchers use laboratory experiments to study contests and test comparative static predictions of contest theory. Commonly, researchers find that participants’ efforts are significantly higher than predicted by the standard...
Persistent link: https://www.econbiz.de/10015261758
Many economic, political and social environments can be described as contests in which agents exert costly efforts while competing over the distribution of a scarce resource. These environments have been studied using Tullock contests, all-pay auctions and rank-order tournaments. This survey...
Persistent link: https://www.econbiz.de/10015244890
Trial-based tournament is a widespread hiring mechanism in organizations. Upon a job opening, an applicant is tried out at the job, then swaps with another competing applicant, and so on, with each non-competing worker holding the same position across trials. The job is offered to the applicant...
Persistent link: https://www.econbiz.de/10015248348
Group contests are ubiquitous. Some examples include warfare between countries, competition between political parties, team-incentives within firms, group sports, and rent-seeking. In order to succeed, members of the same group have incentives to cooperate with each other by expending individual...
Persistent link: https://www.econbiz.de/10015249569
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/10015253742
This research aims to study the strategic response by the firm’s willingness to increase the information technology invesment to face globalization. This research also examine the relationship of competitive strategy typology factors, information technology maturity and size of the firm...
Persistent link: https://www.econbiz.de/10009464333
Individuals not only seek a happy and meaningful life, but an interesting one. In this letter, we show that past estimates of the well-being gains from entrepreneurship have overlooked an important aspect of the relationship between self-employment and well-being: boredom. Using a sample of over...
Persistent link: https://www.econbiz.de/10015214244
This study evaluates the efficacy of e-Government initiatives in addressing local governance challenges in Zamboanga City, Philippines. Utilizing a mixed-methods approach, the research examines how digital tools have improved administrative processes and service delivery, identifies key barriers...
Persistent link: https://www.econbiz.de/10015214520
This study evaluates the effectiveness of the Human Resource Information System (HRIS) in enhancing administrative efficiency at Zamboanga City Local Government (ZCLG). Employing a mixed-methods approach, the research combines quantitative analysis of system usage metrics with qualitative...
Persistent link: https://www.econbiz.de/10015214527
Using firm-level data from Denmark, a country characterized by a high level of adoption of “high-performance work practices” (HPWPs), we document a large percentage of firms with limited adoption and large differences depending on the firms’ organizational structures. To explain these...
Persistent link: https://www.econbiz.de/10015214811