Tournament incentives prevail in labor markets, in particular with respect to promotions. Yet, it is often unclear to competitors how many winners there will be or how many applicants compete in the tournament. While it is hard to measure how this uncertainty affects work performance and...

Incentives are supposed to increase effort, yet individuals react differently to incentives. We examine this heterogeneity by investigating how personal characteristics, preferences, and socio-economic background relate to incentives and performance in a real effort task. We analyze the...

We study the relationship between parenting style and a broad range of children's skills and outcomes. Based on survey and experimental data from 5,580 children and their parents, we find that children exposed to positive parenting have higher IQs, are more altruistic, open to new experiences,...

Incentives are supposed to increase effort, yet individuals react differently to incentives. We examine this heterogeneity by investigating how personal characteristics, preferences, and socio-economic background relate to incentives and performance in a real effort task. We analyze the...

We study the relationship between parenting style and a broad range of children's skills and outcomes. Based on survey and experimental data from 5,580 children and their parents, we find that children exposed to positive parenting have higher IQs, are more altruistic, open to new experiences,...

Efficient coordination is a major source of efficiency gains. We study in an experimental coordination game with 718 children and teenagers, aged 9 to 18 years, the strategies played in pre-adulthood. We find no robust age effects in the aggregate, but see that smaller group sizes and larger...