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Klunover, Doron - In: Mathematical social sciences 113 (2021), pp. 164-168

Persistent link: https://www.econbiz.de/10013275532

Contests as selection mechanisms : the impact of risk aversion

March, Christoph; Sahm, Marco - 2017

We investigate how individual risk preferences affect the likelihood of selecting the more able contestant within a two-player Tullock contest. Our theoretical model yields two main predictions: First, an increase in the risk aversion of a player worsens her odds unless she already has a...

Persistent link: https://www.econbiz.de/10011700456

Contests as selection mechanisms : the impact of risk aversion

March, Christoph; Sahm, Marco - 2017

Persistent link: https://www.econbiz.de/10011701971

Sabotage in Contests : A Survey

Chowdhury, Subhasish M. - 2013

A contest is a situation in which individuals expend resources in order to win valuable prize(s). 'Sabotage' is a … denying the rival access to resources. Sabotage can be observed in sports, war, promotional tournaments, political or … marketing campaigns etc. In this article, we review the economics literature analyzing the act of sabotage in contests. We …

Persistent link: https://www.econbiz.de/10013074732

Technology Choice and Incentives under Relative Performance Schemes

Kräkel, Matthias; Schöttner, Anja - 2010

We identify a new problem that may arise when heterogeneous workers are motivated by relative performance schemes: If workers’ abilities and the production technology are complements, the firm may prefer not to adopt a more advanced technology even though this technology would costlessly...

Persistent link: https://www.econbiz.de/10010271450

Tournament incentives in the field : gender differences in the workplace

Delfgaauw, Josse; Dur, Robert A. J.; Sol, Joeri; … - 2012

We ran a field experiment in a Dutch retail chain consisting of 128 stores. In a random sample of these stores, we introduced short-term sales competitions among subsets of stores. We find that sales competitions have a large effect on sales growth, but only in stores where the store's manager...

Persistent link: https://www.econbiz.de/10011378827

Competition and risk-taking

Gürtler, Oliver; Struth, Lennart; Thon, Max - 2022

potentially leads to a large loss. The current paper studies how such risk-taking behavior depends on the level of competition … that the agents face. We study a tournament model and we find that more intense competition, measured by the number of …

Persistent link: https://www.econbiz.de/10013337710

Competition and risk-taking

Gürtler, Oliver; Struth, Lennart; Thon, Max - 2022 - Updated version

Persistent link: https://www.econbiz.de/10013438624

Feedback and Incentives : Experimental Evidence

Eriksson, Tor; Poulsen, Anders; Villeval, Marie-Claire - 2011

since the underdogs almost never quit the competition even when lagging significantly behind, and frontrunners do not slack …

Persistent link: https://www.econbiz.de/10014218453

The Efficacy of Tournaments for Non-Routine Team Tasks

Englmaier, Florian; Grimm, Stefan; Grothe, Dominik; … - 2021

Tournaments are often used to improve performance in innovation contexts. Tournaments provide monetary incentives but also render teams’ identity and social-image concerns salient. We study the effects of tournaments on team performance in a non-routine task and identify the importance of...

Persistent link: https://www.econbiz.de/10013219059