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Three Prominent Tournament Formats: Predictive Power and Costs
Ryvkin, Dmitry; Ortmann, Andreas - Center for Economic Research and Graduate Education and … - 2006
We analyze tournaments of heterogeneous players from an organizer’s perspective. Using a simple model of a noisy tournament, we demonstrate how the likelihood of selecting the best player, here termed the “predictive power” of a tournament, depends on the tournament format, the...
Persistent link: https://www.econbiz.de/10005357509
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The way in which an experiment is conducted is unbelievably Important: on the experimentation practices of economists and psychologists
Ortmann, Andreas - 2009
design and implementation characteristics such as the use of financial incentives, deception, and the way information is … does not make sense to report experimental results without reporting the design and implementation choices that were made. …
Persistent link: https://www.econbiz.de/10010276095
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"The Way in which an Experiment is Conducted is Unbelievably Important": On the Experimentation Practices of Economists and Psychologists
Ortmann, Andreas - CESifo - 2009
design and implementation characteristics such as the use of financial incentives, deception, and the way information is … does not make sense to report experimental results without reporting the design and implementation choices that were made. …
Persistent link: https://www.econbiz.de/10008534052
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'The Way in Which an Experiment is Conducted is Unbelievably Important': On the Experimentation Practices of Economists and Psychologists
Ortmann, Andreas - School of Economics, UNSW Business School - 2010
design and implementation characteristics such as the use of financial incentives, deception, and the way information is … does not make sense to report experimental results without reporting the design and implementation choices that were made. …
Persistent link: https://www.econbiz.de/10008505422
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Monetary Incentives: Usually Neither Necessary Nor Sufficient?
Ortmann, Andreas; Hertwig, Ralph - Center for Economic Research and Graduate Education and … - 2006
Read (2005), in The Journal of Economic Methodology, took our target article in Behavioral and Brain Sciences (Hertwig & Ortmann 2001) as one point of departure to question the usefulness of monetary incentives for experimental work. In making his case, he misrepresents our analysis, and...
Persistent link: https://www.econbiz.de/10005086637
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The Predictive Power of Three Prominent Tournament Formats
Ryvkin, Dmitry; Ortmann, Andreas - In: Management Science 54 (2008) 3, pp. 492-504
Tournaments of heterogeneous candidates can be thought of as probabilistic mechanisms that select high-quality agents. We quantify the efficiency of such selection by the likelihood of selecting the best player, here termed the "predictive power." We study three widely used tournament formats:...
Persistent link: https://www.econbiz.de/10009204632
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"The way in which an experiment is conducted is unbelievably Important" : on the experimentation practices of economists and psychologists
Ortmann, Andreas - 2009
design and implementation characteristics such as the use of financial incentives, deception, and the way information is … does not make sense to report experimental results without reporting the design and implementation choices that were made …. -- Duhem-Quine problem ; experimental design ; experimental implementation ; financial incentives ; deception …
Persistent link: https://www.econbiz.de/10003923272
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"The way in which an experiment is conducted is unbelievably important" : on the experimentation practices of economists and psychologists
Ortmann, Andreas - In: Sozialpsychologie und Ökonomie : Beiträge des 25. …, (pp. 38-55). 2010
Persistent link: https://www.econbiz.de/10003986728
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'The Way in Which an Experiment is Conducted is Unbelievably Important' : On the Experimentation Practices of Economists and Psychologists
Ortmann, Andreas - 2010
design and implementation characteristics such as the use of financial incentives, deception, and the way information is … does not make sense to report experimental results without reporting the design and implementation choices that were made …
Persistent link: https://www.econbiz.de/10014045673