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• W2045128212 abstract "Abstract Rank-order tournaments are usually implemented in organizations to provide incentives for eliciting employees’ effort and/or to identify the agent with the higher ability, for example in promotion tournaments. We close a gap in the literature by experimentally analyzing a ceteris paribus variation of the prize spread - being the major design feature of tournaments - in a symmetric and an asymmetric setting. We find that effort significantly increases with the prize spread as predicted by standard theory. However, only for sufficiently large prize spreads weak players competing against strong players strain themselves all the more and sorting of agents is feasible." @default.
• W2045128212 created "2016-06-24" @default.
• W2045128212 creator A5023433720 @default.
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• W2045128212 date "2008-08-01" @default.
• W2045128212 modified "2023-09-25" @default.
• W2045128212 title "On the Competition of Asymmetric Agents" @default.
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• W2045128212 doi "https://doi.org/10.1111/j.1468-0475.2008.00438.x" @default.
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