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 …

stimulate effort. Through a real-effort artefactual field experiment with factory workers and university students as a …

tournament in VR, we are able to mitigate the reflection problem, which usually undermines research on dynamic interaction … output. We observe that the subjects' performance is highest in a homogeneous tournament, i.e., when they compete against an … peer effects rather than by tournament incentives. We extensively track the behavior of subjects and the particular …

-takes-all tournament. We find that, regardless of the pay scheme used, feedback does not improve performance. There are no significant peer … employee effort. We explore three information policies: No feedback about relative performance, feedback given halfway through … the production period, and continuously updated feedback. The pay schemes are a piece rate payment scheme and a winner …

-takes-all tournament. We find that, regardless of the pay scheme used, feedback does not improve performance. There are no significant peer … employee effort. We explore three information policies: No feedback about relative performance, feedback given halfway through … the production period, and continuously updated feedback. The pay schemes are a piece rate payment scheme and a winner …

experiment that varies freelance professionals’ incentives to attract attention about scientific findings, with several online …

real effort experiment with participants who work directly for organizations with clear missions. Weeks before the … experiment, we survey potential participants for their organizational preferences. At the experiment, we randomly assign workers …

the theoretical benchmark with behavior observed in a one-shot experiment. …

This paper reports the results of an individual real effort laboratory experiment where subjects are paid for measured …

affects the performance of firms that increase the power of the incentive schemes. In a laboratory experiment, we let subjects …