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This paper reports the results from a large-scale laboratory experiment investigating the impact of tournament …
Persistent link: https://www.econbiz.de/10011479746
This paper reports the results from a large-scale laboratory experiment investigating the impact of tournament …
Persistent link: https://www.econbiz.de/10011459389
competition affect agents' performance? In a real-effort laboratory experiment, we study a one-time increase in incentives in a …
Persistent link: https://www.econbiz.de/10011895040
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/10013316760
This paper examines "market-based tournaments", in which firms use the tournament outcome to update their expectations … about worker ability. A theoretical model offers several implications, which are unique to the market-based tournament and … which we test in a laboratory experiment. The experiment supports most of the implications: We find that an increase in the …
Persistent link: https://www.econbiz.de/10012970612
stimulate effort. Through a real-effort artefactual field experiment with factory workers and university students as a …
Persistent link: https://www.econbiz.de/10011407820
The market for retail financial products (e.g. investment funds or insurance) is marred by information asymmetries. Clients are not well informed about the quality of these products. They have to rely on the recommendations of advisors. Incentives of advisors and clients may not be aligned, when...
Persistent link: https://www.econbiz.de/10011530065
We report results from the first experimental study of round-robin tournaments. In our experiment, we investigate how …
Persistent link: https://www.econbiz.de/10013167956
Persistent link: https://www.econbiz.de/10009778311
these in a controlled laboratory experiment. …
Persistent link: https://www.econbiz.de/10015137899