When higher prizes lead to lower efforts—The impact of favoritism in tournaments
We investigate the relationship between tournament prices and effort choices in the presence of favoritism. High tournament prizes can decrease agents’ effort supply when the choice of the winner is not perfectly objective but affected to some extent by personal preferences of an evaluator. •We stud...
Saved in:
| Volume: | 120 |
|---|---|
| Main Author: |
Herbertz, Claus
Sliwka, Dirk |
| Format: | Journal Article |
| Language: | English |
| Zielgruppe: |
Academic |
| Place of publication: |
LAUSANNE Elsevier B.V 01.08.2013 ELSEVIER SCIENCE SA |
| published in: | Economics letters Vol. 120; no. 2; pp. 188 - 191 |
| Data of publication: | August 2013 |
| ISSN: |
0165-1765 1873-7374 |
| EISSN: |
1873-7374 |
| Discipline: | Economics |
| Subjects: | |
| Online Access: | available in Bonn? |
| Database: | Social Sciences Citation Index Web of Knowledge Web of Science - Social Sciences Citation Index - 2013 Web of Science CrossRef Academic OneFile (A&I only) Database information Databases - DBIS |