The effectiveness of relative performance evaluation schemes, such as yardstick competition, can be undermined by collusion. The degree to which the regulated agents manage to collude will be affected by the particulars of the scheme. We hypothesize that in a repeated game setting schemes will...

Macht spielt eine zentrale Rolle in Interaktionen mit Interessenkonflikten. Diese Arbeit studiert experimentell die distributiven und allokativen Konsequenzen verschiedener Machtbasen in wiederholten Spielen und untersucht darauffolgend die Bedeutung von Prozeduren, durch die Macht zugeteilt...

Tournament incentive schemes offer payments dependent on relative performance and thereby are intended to motivate agents to exert productive effort. Unfortunately, however, an agent may also be tempted to destroy the production of his competitors in order to improve the own relative position....