Tournament as a motivational strategy: Extension to dynamic situations with uncertain duration
Author
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Lazear, Edward P & Rosen, Sherwin, 1981.
"Rank-Order Tournaments as Optimum Labor Contracts,"
Journal of Political Economy, University of Chicago Press, vol. 89(5), pages 841-864, October.
- Edward P. Lazear & Sherwin Rosen, 1979. "Rank-Order Tournaments as Optimum Labor Contracts," NBER Working Papers 0401, National Bureau of Economic Research, Inc.
- Albert Rees, 1992. "The Tournament as a Model for Executive Compensation," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 14(4), pages 567-571, July.
- Green, Jerry R & Stokey, Nancy L, 1983.
"A Comparison of Tournaments and Contracts,"
Journal of Political Economy, University of Chicago Press, vol. 91(3), pages 349-364, June.
- Jerry R. Green & Nancy L. Stokey, 1982. "A Comparison of Tournaments and Contracts," NBER Working Papers 0840, National Bureau of Economic Research, Inc.
- Green, Jerry & Stokey, Nancy, 1983. "A Comparison of Tournaments and Contracts," Scholarly Articles 3203644, Harvard University Department of Economics.
- Cheung, Steven N S, 1983. "The Contractual Nature of the Firm," Journal of Law and Economics, University of Chicago Press, vol. 26(1), pages 1-21, April.
- Weigelt, Keith & Dukerich, Janet & Schotter, Andrew, 1989. "Reactions to discrimination in an incentive pay compensation scheme: A game-theoretic approach," Organizational Behavior and Human Decision Processes, Elsevier, vol. 44(1), pages 26-44, August.
- O'Keeffe, Mary & Viscusi, W Kip & Zeckhauser, Richard J, 1984. "Economic Contests: Comparative Reward Schemes," Journal of Labor Economics, University of Chicago Press, vol. 2(1), pages 27-56, January.
- Main, Brian G M & O'Reilly, Charles A, III & Wade, James, 1993. "Top Executive Pay: Tournament or Teamwork?," Journal of Labor Economics, University of Chicago Press, vol. 11(4), pages 606-628, October.
- Bull, Clive & Schotter, Andrew & Weigelt, Keith, 1987.
"Tournaments and Piece Rates: An Experimental Study,"
Journal of Political Economy, University of Chicago Press, vol. 95(1), pages 1-33, February.
- Bull, Clive & Schotter, Andrew & Weigelt, Keith, 1985. "Tournaments and Piece Rates: An Experimental Study," Working Papers 85-21, C.V. Starr Center for Applied Economics, New York University.
- Budescu, David V. & Au, Wing Tung & Chen, Xiao-Ping, 1997. "Effects of Protocol of Play and Social Orientation on Behavior in Sequential Resource Dilemmas," Organizational Behavior and Human Decision Processes, Elsevier, vol. 69(3), pages 179-193, March.
- Samuel Greenhouse & Seymour Geisser, 1959. "On methods in the analysis of profile data," Psychometrika, Springer;The Psychometric Society, vol. 24(2), pages 95-112, June.
- Dukerich, Janet & Weigelt, Keith & Schotter, Andrew, 1990. "A game theory analysis of dual discrimination," Organizational Behavior and Human Decision Processes, Elsevier, vol. 47(1), pages 21-41, October.
- Ehrenberg, Ronald G & Bognanno, Michael L, 1990.
"Do Tournaments Have Incentive Effects?,"
Journal of Political Economy, University of Chicago Press, vol. 98(6), pages 1307-1324, December.
- Ronald G. Ehrenberg & Michael L. Bognanno, 1988. "Do Tournaments Have Incentive Effects?," NBER Working Papers 2638, National Bureau of Economic Research, Inc.
- Hessel Oosterbeek & Dinand Webbink, 1997. "Is there a Hidden Technical Potential?," Tinbergen Institute Discussion Papers 97-012/3, Tinbergen Institute.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Clark, Derek J. & Nilssen, Tore, 2018. "Keep on fighting: The dynamics of head starts in all-pay auctions," Games and Economic Behavior, Elsevier, vol. 110(C), pages 258-272.
- Klein, Arnd Heinrich & Schmutzler, Armin, 2021. "Incentives and motivation in dynamic contests," Journal of Economic Behavior & Organization, Elsevier, vol. 189(C), pages 194-216.
- Shupp, Robert & Sheremeta, Roman M. & Schmidt, David & Walker, James, 2013.
"Resource allocation contests: Experimental evidence,"
Journal of Economic Psychology, Elsevier, vol. 39(C), pages 257-267.
- David Schmidt & Robert Shupp & James M. Walker, 2005. "Resource Allocation Contests: Experimental Evidence," CAEPR Working Papers 2006-004, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington, revised Aug 2006.
- Shupp, Robert & Sheremeta, Roman, 2013. "Resource Allocation Contests: Experimental Evidence," MPRA Paper 49889, University Library of Munich, Germany.
- Robert Shupp & Roman M. Sheremeta & David Schmidt & James Walker, 2013. "Resource Allocation Contests: Experimental Evidence," Working Papers 13-23, Chapman University, Economic Science Institute.
- David Schmidt & Robert S. Shupp & James Walker, 2005. "Resource Allocation Contests: Experimental Evidence," Working Papers 200506, Ball State University, Department of Economics, revised Feb 2005.
- Meier, Philippe & Flepp, Raphael & Ruedisser, Maximilian & Franck, Egon, 2020. "Separating psychological momentum from strategic momentum: Evidence from men’s professional tennis," Journal of Economic Psychology, Elsevier, vol. 78(C).
- Ambroise Descamps & Changxia Ke & Lionel Page, 2022.
"How success breeds success,"
Quantitative Economics, Econometric Society, vol. 13(1), pages 355-385, January.
- Ambroise Decamps & Changxia Ke & Lionel Page, 2018. "How success breeds success," QuBE Working Papers 053, QUT Business School.
- Descamps, Ambroise & Ke, Changxia & Page, Lionel, 2021. "How success breeds success," OSF Preprints kb5ag, Center for Open Science.
- Berger, Leslie & Libby, Theresa & Webb, Alan, 2018. "The effects of tournament horizon and the percentage of winners on social comparisons and performance in multi-period competitions," Accounting, Organizations and Society, Elsevier, vol. 64(C), pages 1-16.
- Ludwig, Sandra & Lünser, Gabriele K., 2012. "Observing your competitor – The role of effort information in two-stage tournaments," Journal of Economic Psychology, Elsevier, vol. 33(1), pages 166-182.
- Johannes Berger & Petra Nieken, 2016.
"Heterogeneous Contestants and the Intensity of Tournaments,"
Journal of Sports Economics, , vol. 17(7), pages 631-660, October.
- Berger, Johannes & Nieken, Petra, 2010. "Heterogeneous Contestants and Effort Provision in Tournaments - an Empirical Investigation with Professional Sports Data," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 325, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Lauber, Arne & March, Christoph & Sahm, Marco, 2023.
"Optimal and fair prizing in sequential round-robin tournaments: Experimental evidence,"
Games and Economic Behavior, Elsevier, vol. 141(C), pages 30-51.
- Arne Lauber & Christoph March & Marco Sahm, 2022. "Optimal and Fair Prizing in Sequential Round-Robin Tournaments: Experimental Evidence," CESifo Working Paper Series 9651, CESifo.
- Lauber, Arne & March, Christoph & Sahm, Marco, 2022. "Optimal and fair prizing in sequential round-robin tournaments: Experimental evidence," BERG Working Paper Series 176, Bamberg University, Bamberg Economic Research Group.
- Morgulev, Elia, 2023. "Streakiness is not a theory: On “momentums” (hot hands) and their underlying mechanisms," Journal of Economic Psychology, Elsevier, vol. 96(C).
- Romain Gauriot & Lionel Page, 2019.
"Does Success Breed Success? a Quasi-Experiment on Strategic Momentum in Dynamic Contests,"
The Economic Journal, Royal Economic Society, vol. 129(624), pages 3107-3136.
- Romain Gauriot & Lionel Page, 2014. "Does success breed success? A quasi-experiment on strategic momentum in dynamic contests," QuBE Working Papers 028, QUT Business School.
- Cui, Xuegang & Feltovich, Nick & Zhang, Kun, 2022. "Incentive schemes, framing, and market behaviour: Evidence from an asset-market experiment," Journal of Economic Behavior & Organization, Elsevier, vol. 197(C), pages 301-324.
- Clark, Derek J. & Nilssen , Tore & Sand, Jan Yngve, 2014. "Keep on Fighting: Dynamic Win Effects in an All-Pay Auction," Memorandum 23/2014, Oslo University, Department of Economics.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Harbring, Christine & Irlenbusch, Bernd, 2003. "An experimental study on tournament design," Labour Economics, Elsevier, vol. 10(4), pages 443-464, August.
- Tor Eriksson & Sabrina Teyssier & Marie‐Claire Villeval, 2009.
"Self‐Selection And The Efficiency Of Tournaments,"
Economic Inquiry, Western Economic Association International, vol. 47(3), pages 530-548, July.
- Tor Eriksson & Sabrina Teyssier & Marie Claire Villeval, 2006. "Self-selection and the Efficiency of Tournaments," Post-Print halshs-00175469, HAL.
- Tor Eriksson & Sabrina Teyssier & Marie-Claire Villeval, 2006. "Self-Selection and the Efficiency of Tournaments," Working Papers 0603, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
- Tor Eriksson & Sabrina Teyssier & Marie Claire Villeval, 2009. "Self-selection and the Efficiency of Tournaments," Post-Print halshs-00451600, HAL.
- Eriksson, Tor & Teyssier, Sabrina & Villeval, Marie Claire, 2006. "Self-Selection and the Efficiency of Tournaments," IZA Discussion Papers 1983, Institute of Labor Economics (IZA).
- Tor Eriksson & Sabrina Teyssier & Marie Claire Villeval, 2006. "Self-selection and the Efficiency of Tournaments," Post-Print halshs-00175480, HAL.
- Tor Eriksson & Sabrina Teyssier & Marie Claire Villeval, 2006. "Self-Selection and the Efficiency of Tournaments," Post-Print halshs-00175041, HAL.
- Bernd Irlenbusch, 2006. "Experimental perspectives on incentives in organisations," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 14(1), pages 1-24, February.
- Tor Eriksson & Sabrina Teyssier & Marie Claire Villeval, 2006. "Effort Self-Selection and the Efficiency of Tournaments," Post-Print halshs-00142876, HAL.
- Kräkel, Matthias & Nieken, Petra, 2015.
"Relative performance pay in the shadow of crisis,"
European Economic Review, Elsevier, vol. 74(C), pages 244-268.
- Kräkel, Matthias & Nieken, Petra, 2013. "Relative Performance Pay in the Shadow of Crisis," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 425, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Sun, Sophia Li & Habib, Ahsan, 2020. "Determinants and consequences of tournament incentives: A survey of the literature in accounting and finance," Research in International Business and Finance, Elsevier, vol. 54(C).
- Ajay Kalra & Mengze Shi, 2001. "Designing Optimal Sales Contests: A Theoretical Perspective," Marketing Science, INFORMS, vol. 20(2), pages 170-193, December.
- Benno Torgler & Sascha L. Schmidt & Bruno S. Frey, 2006.
"The Power of Positional Concerns: A Panel Analysis,"
CREMA Working Paper Series
2006-19, Center for Research in Economics, Management and the Arts (CREMA).
- Benno Torgler & Sascha L. Schmidt & Bruno S. Frey, 2007. "The Power of Positional Concerns: A Panel Analysis," NCER Working Paper Series 11, National Centre for Econometric Research.
- Torgler, Benno & Schmidt, Sascha L & Frey, Bruno S., 2006. "The Power of Positional Concerns: A Panel Analysis," Berkeley Olin Program in Law & Economics, Working Paper Series qt1z14v7zt, Berkeley Olin Program in Law & Economics.
- Loukas Balafoutas & E. Glenn Dutcher & Florian Lindner & Dmitry Ryvkin, 2017.
"The Optimal Allocation Of Prizes In Tournaments Of Heterogeneous Agents,"
Economic Inquiry, Western Economic Association International, vol. 55(1), pages 461-478, January.
- Loukas Balafoutas & Glenn Dutcher & Florian Lindner & Dmitry Ryvkin, 2012. "The optimal allocation of prizes in tournaments of heterogeneous agents," Working Papers 2012-08, Faculty of Economics and Statistics, Universität Innsbruck.
- Kräkel, Matthias, 2004.
"Emotions and Incentives,"
IZA Discussion Papers
1270, Institute of Labor Economics (IZA).
- Kräkel, Matthias, 2004. "Emotions and Incentives," Bonn Econ Discussion Papers 14/2004, University of Bonn, Bonn Graduate School of Economics (BGSE).
- Duran, Mihael, 2011.
"Nachträgliche Reduktion von Vorstandsbezügen: Eine ökonomische Analyse der Herabsetzungsmöglichkeit von Vorstandsbezügen nach dem VorstAG [Ex post Reduction of Executive Compensation: An economic r,"
MPRA Paper
33815, University Library of Munich, Germany.
- Duran, Mihael, 2011. "Nachträgliche Reduktion von Vorstandsbezügen: Eine ökonomische Analyse der Herabsetzungsmöglichkeit von Vorstandsbezügen nach dem VorstAG," Tübinger Diskussionsbeiträge 332, University of Tübingen, School of Business and Economics.
- Benno Torgler & Sascha L. Schmidt & Bruno S. Frey, 2006.
"Relative Income Position And Performance: An Empirical Panel Analysis,"
IEW - Working Papers
268, Institute for Empirical Research in Economics - University of Zurich.
- Benno Torgler & Sascha L. Schmidt & Bruno S. Frey, 2006. "Relative Income Position and Performance: An Empirical Panel Analysis," CREMA Working Paper Series 2006-03, Center for Research in Economics, Management and the Arts (CREMA).
- Torgler, Benno & Schmidt, Sascha L. & Frey, Bruno S., 2006. "Relative Income Position and Performance: An Empirical Panel Analysis," Economic Theory and Applications Working Papers 12180, Fondazione Eni Enrico Mattei (FEEM).
- Benno Torgler & Sascha L. Schmidt & Bruno S. Frey, 2006. "Relative Income Position and Performance: An Empirical Panel Analysis," Working Papers 2006.39, Fondazione Eni Enrico Mattei.
- Josse Delfgaauw & Robert Dur & Arjan Non & Willem Verbeke, 2015.
"The Effects of Prize Spread and Noise in Elimination Tournaments: A Natural Field Experiment,"
Journal of Labor Economics, University of Chicago Press, vol. 33(3), pages 521-569.
- Josse Delfgaauw & Robert Dur & Arjan Non & Willem Verbeke, 2011. "The Effects of Prize Spread and Noise in Elimination Tournaments: A Natural Field Experiment," Tinbergen Institute Discussion Papers 11-120/1, Tinbergen Institute, revised 03 Oct 2013.
- Delfgaauw, Josse & Dur, Robert & Non, Arjan & Verbeke, Willem, 2012. "The Effects of Prize Spread and Noise in Elimination Tournaments: A Natural Field Experiment," IZA Discussion Papers 6480, Institute of Labor Economics (IZA).
- Kräkel, Matthias, 2005. "Emotions and the Optimality of Unfair Tournaments," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 45, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Justina A.V. Fischer & Benno Torgler, 2006.
"Does Envy Destroy Social Fundamentals? The Impact of Relative Income Position on Social Capital,"
University of St. Gallen Department of Economics working paper series 2006
2006-04, Department of Economics, University of St. Gallen.
- Fischer, Justina A. V. & Torgler, Benno, 2006. "Does envy destroy social fundamentals? The impact of relative income position on social capital," LSE Research Online Documents on Economics 6640, London School of Economics and Political Science, LSE Library.
- Justina A.V. Fischer & Benno Torgler, 2006. "Does Envy Destroy Social Fundamentals? The Impact Of Relative Income Position On Social Capital," STICERD - Development Economics Papers - From 2008 this series has been superseded by Economic Organisation and Public Policy Discussion Papers 46, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
- Justina A.V. Fischer & Benno Torgler, 2006. "Does Envy Destroy Social Fundamentals? The Impact of Relative Income Position on Social Capital," CREMA Working Paper Series 2006-04, Center for Research in Economics, Management and the Arts (CREMA).
- Benno Torgler & Justina A.V. Fischer, 2006. "Does Envy Destroy Social Fundamentals? The Impact of Relative Income Position on Social Capital," Working Papers 2006.38, Fondazione Eni Enrico Mattei.
- Bentley Coffey & M. T. Maloney, 2010. "The Thrill of Victory: Measuring the Incentive to Win," Journal of Labor Economics, University of Chicago Press, vol. 28(1), pages 87-112, January.
- Fares, M'hand & Orozco, Luis, 2014.
"Tournament Mechanism in Wine-Grape Contracts: Evidence from a French Wine Cooperative,"
Journal of Wine Economics, Cambridge University Press, vol. 9(3), pages 320-345, December.
- M'Hand Fares & Luis Orozco, 2014. "Tournament Mechanism in Wine-Grape Contracts: Evidence from a French Wine Cooperative," Post-Print hal-01093245, HAL.
- Harbring, Christine & Irlenbusch, Bernd, 2008. "How many winners are good to have?: On tournaments with sabotage," Journal of Economic Behavior & Organization, Elsevier, vol. 65(3-4), pages 682-702, March.
- Bernd Frick, 2003. "Contest Theory and Sport," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 19(4), pages 512-529, Winter.
- Michael T. Maloney & Robert E. McCormick, 2000. "The Response of Workers to Wages in Tournaments," Journal of Sports Economics, , vol. 1(2), pages 99-123, May.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:joepsy:v:23:y:2002:i:3:p:399-420. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/joep .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.