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This article analyzes top-level basketball competitions and measures the effect of superstar presence on effort provision in rank-order tournaments. I extend the previous literature to team competitions for male and female teams, as well as different institutional settings over a long period of...
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This paper studies sabotage in tournaments with at least three contestants, where the contestants know each other well. Every contestant has an incentive to direct sabotage specifically against his most dangerous rival. In equilibrium, contestants who choose a higher productive effort are...
Persistent link: https://www.econbiz.de/10010366526
Performance feedback is a pervasive element of education, management, marketing, and the entire gaming industry. Prior research on feedback focuses on what information individuals receive, and how frequently. The gaming industry, though, is built upon the premise that how feedback is delivered...
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effect, risk taking and investments are clearly in line with theory. Pairwise comparison shows that the effort effect seems …
Persistent link: https://www.econbiz.de/10010366511
In economic contests or tournaments where monitoring of the actions taken by contestants is imperfect competition is likely to drive not just work effort but other choices at the workers' discretion that increase the probability of winning. For example, when workers compete for promotion,...
Persistent link: https://www.econbiz.de/10014061208
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