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, we conducted a tennis field experiment. In the experiment, we also varied the payment schemes (individual, team …
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A long-standing puzzle is how overconfidence can persist in settings characterized by repeated feedback. This paper … studies managers who participate repeatedly in a high-powered tournament incentive system, learning relative performance each … feedback and preserve unrealistic expectations. …
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From the regulation of sports to lawmaking in parliament, in many situations one group of people ("agents") make decisions that affect payoffs of others ("principals") who may offer action-contingent transfers in order to sway the agents' decisions. Prat and Rustichini (2003) characterize...
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From the regulation of sports to lawmaking in parliament, in many situations one group of people ("agents") make decisions that affect the payoffs of others ("principals") who may offer action-contingent transfers in order to sway the agents' decisions. Prat and Rustichini (2003) characterize...
Persistent link: https://www.econbiz.de/10012102977