this proportion increases, high-ability contestants shy away from competition and sorting decreases, such that, reverse … the relationship among prizes, competition, and sorting. …Do the contests with the largest prizes attract the most-able contestants? To what extent do contestants avoid …

This essay discusses an integrative economic theory that reconciles rank-order tournaments with the traditional public …

competition for talent. High-ability individuals receive higher pay, but are not more likely to be awarded long-term compensation …. These findings suggest that long-term compensation arises in an optimal contract, because competition for talent accentuates …

degree of knowledge spillovers and of market competition both affect the incentives given to scientists, and these effects … interact. First, high knowledge spillovers lead firms to soften incentives when product market competition is high, and to … strengthen incentives when competition is low. Second, the relationship between the intensity of competition and the power of …

under different payment schemes, and shed light on the origins of the effect of competition on dishonesty. …

and team contest incentives. We develop a model of regard for others and in-group favoritism predicting interaction … lab experiment with exogenous control of both organizational culture and incentives. In line with our theoretical model we … find that prosocial (proself) orientated subjects exert more (less) effort in team contests in the primed prosocial …

and team contest incentives. We develop a model of regard for others and in-group favoritism predicting interaction … lab experiment with exogenous control of both organizational culture and incentives. In line with our theoretical model we … find that prosocial (proself) orientated subjects exert more (less) effort in team contests in the primed prosocial …

The standard principal agent model considers monetary incentives only. It is assumed that money is more efficient than …) - though almost omnipresent - have so far escaped the attention of economists. They present extrinsic, non-monetary incentives … differences between monetary incentives and awards: in general, awards are cheap, lead to interpersonal relationships, are not …

We analyze product market competition between firm owners where the risk-neutral workers decide on their efforts and …