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In this paper, we analyze a principal's optimal feedback policy in tournaments. We close a gap in the literature by … assuming the principal to be unable to commit to a certain policy at the beginning of the tournament. Our analysis shows that …
Persistent link: https://www.econbiz.de/10010333966
A real effort experiment is investigated in which supervisors have to rate the performance of individual workers who in …
Persistent link: https://www.econbiz.de/10010269805
behavior is almost non-existent. We study sabotage in tournaments in a controlled laboratory experiment and are able to confirm … the presence of tournament incentives, agents react reciprocally to higher wages, which mitigates the sabotage problem …
Persistent link: https://www.econbiz.de/10010268946
to investigate the ex ante sorting effect of tournaments. This paper reports results from an experiment analyzing whether …. We show that when the subjects choose to enter a tournament, the average effort is higher and the between …
Persistent link: https://www.econbiz.de/10010267611
This paper studies the impact of incentives on worker self-selection in a controlled laboratory experiment. In a first …. Depending on the treatment, the variable payment is either a piece rate, a tournament or a revenue-sharing scheme. We elicit … findings are as follows. First, output is much higher in the variable pay schemes (piece rate, tournament, and revenue sharing …
Persistent link: https://www.econbiz.de/10010267618
This paper reports the results from a large-scale laboratory experiment investigating the impact of tournament …
Persistent link: https://www.econbiz.de/10011461715
We study theoretically and experimentally the role of fatigue and recovery within a competitive work environment. At work, agents usually make their effort choice in response to competition and monetary incentives. At the same time, they have to take into account fatigue, which accumulates over...
Persistent link: https://www.econbiz.de/10011985278
environments. To explore this further, we conducted a laboratory experiment comprising 444 subjects, and measured gender … differences in performance in four distinct competitive situations. These were as follows: (i) the standard tournament game where …
Persistent link: https://www.econbiz.de/10012498075
This paper reports the results from a large-scale laboratory experiment investigating the impact of tournament …
Persistent link: https://www.econbiz.de/10011526112
experiment that analyzes the influence of other-regarding preferences on sorting and incentives. Experimental evidence shows that …
Persistent link: https://www.econbiz.de/10010261940