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The perks of being in the smaller team : incentives in overlapping contests

March, Christoph; Sahm, Marco - 2019 - This version: January 6, 2019

We investigate overlapping contests in multi-divisional organizations in which an individual's effort simultaneously … determines the outcome of several contests on different hierarchical levels. We show that individuals in larger units are …-divisional contests. Second, competition in the intra-divisional contest is fiercer. Both effects lower the marginal utility of effort …

Persistent link: https://www.econbiz.de/10012236504

Designing contests between heterogeneous contestants : an experimental studie of tie-breaks and bid-caps in all-pay Auctions

Llorente-Saguer, Aniol; Sheremeta, Roman M.; Szech, Nora - 2020

Contests are well-established mechanisms for political lobbying, innovation, rentseeking, incentivizing workers, and …

Persistent link: https://www.econbiz.de/10012426931

Economic rewards versus economic sanctions in international relations

Brekhov, Boryslav - 2019

I use game-theoretical models to compare a sender's expected payoff under two methods of wielding influence under incomplete information: offering rewards or threatening punishments. Attempts to influence another's behaviour can have the perverse effect of actually encouraging the behaviour that...

Persistent link: https://www.econbiz.de/10012307876

Biases in beliefs : experimental evidence

Bauer, Dominik; Wolff, Irenaeus - 2019 - This version: 20th February, 2019

Many papers have reported behavioral biases in belief formation that come on top of standard game-theoretic reasoning. We show that the processes involved depend on the way participants reason about their beliefs. When they think about what everybody else or another "unspeci fied" individual is...

Persistent link: https://www.econbiz.de/10012308290

Inequality in minimum-effort coordination

Feldhaus, Christoph; Rockenbach, Bettina; Zeppenfeld, … - 2020

Successful coordination is key for economic and societal wealth. The rich literature on the minimum-effort game (MEG) has provided valuable insights into coordination, both theoretically and empirically. Yet, although real-world scenarios often involve asymmetric benefits and/or costs from...

Persistent link: https://www.econbiz.de/10012438170

Strategic delegation in the formation of modest international environmental agreements

Spycher, Sarah; Winkler, Ralph - 2021 - This version: December 2020

We reassess the well-known "narrow-but-deep" versus "broad-but-shallow" trade-off in international environmental agreements (IEAs), taking into account the principal-agent relationship induced by the hierarchical structure of international policy. To this end, we expand the modest coalition...

Persistent link: https://www.econbiz.de/10013326522

The demand for punishment to promote cooperation among like-minded people

Bühren, Christoph; Dannenberg, Astrid - 2021

We use an experiment to test the hypothesis that groups consisting of like-minded cooperators are able to cooperate irrespective of punishment and therefore have a lower demand for a costly punishment institution than groups of like-minded free riders, who are unable to cooperate without...

Persistent link: https://www.econbiz.de/10013337734

The perks of being in the smaller team : incentives in overlapping contests

March, Christoph; Sahm, Marco - 2021

We investigate overlapping contests in multi-divisional organizations in which an individual's effort simultaneously … determines the outcome of several contests on different hierarchical levels. We show that individuals in smaller units are …-divisional contests. Second, competition in the intradivisional contest is less fierce. Both effects induce a higher marginal utility of …

Persistent link: https://www.econbiz.de/10013341970