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We use data from top-level soccer to examine determinants of individual misbehaviour in team contests. Our estimates …
Persistent link: https://www.econbiz.de/10014278160
We model competition on a credence market governed by an imperfect label, signaling high quality, as a rank-order tournament between firms. In this market interaction, asymmetric firms jointly and competitively control the underlying quality ranking's precision by releasing individual...
Persistent link: https://www.econbiz.de/10014377606
literatures on public goods and contests. …
Persistent link: https://www.econbiz.de/10014469702
-life contests. We propose a model where the principal of a contest has commitment power to verifiably disclose contestants’ types …
Persistent link: https://www.econbiz.de/10014497469
Competition in some markets is a contest. This paper studies the merger incentives in such markets. Merger can be profitable. The profitability depends on the post-merger contest structure, the discriminatory power of the contest and on the number of contestants.
Persistent link: https://www.econbiz.de/10010310200
To be represented by more than one contestant in a contest has advantages and disadvantages. This paper determines the conditions under which it is favorable to send several agents into the contest.
Persistent link: https://www.econbiz.de/10010310208
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 rankorder tournaments. This survey provides a review of experimental research on these three canonical contests …
Persistent link: https://www.econbiz.de/10010311082
The effect of severance pay on management behavior during a takeover battle is generally ambiguous. Yet, the severance payment completely restraining all influence activities always constitutes a golden handshake. The manager leaving office still benefits from the increase in the merged firm's...
Persistent link: https://www.econbiz.de/10010311219
types of contests may lead to opposing results concerning the optimal number of individuals depending on the strength of …
Persistent link: https://www.econbiz.de/10010312061
the public good is provided exogenously or dependent on actual tax revenue. We show that neither pure fundraising contests …
Persistent link: https://www.econbiz.de/10010312844