کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
5058999 | 1371772 | 2014 | 4 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
The incentive effect of coarsening the competition structure in a tournament
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موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
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چکیده انگلیسی
The incentive effect of coarsening the competition structure in a tournament is studied. By coarsening the competition structure, we mean that coarser performance measure is used while finer information is available. Examples include letter grades or grade classes when finer numeric grades are available. Coarsening the competition structure has two countervailing incentive effects. While it reduces the likelihood that marginal effort changes the result, the reward change will be bigger once the result is changed. We provide a sufficient condition on the performance distribution for the reduction of work incentive by coarsening; log-concavity of the density.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Economics Letters - Volume 125, Issue 3, December 2014, Pages 411-414
Journal: Economics Letters - Volume 125, Issue 3, December 2014, Pages 411-414
نویسندگان
Sam-Ho Lee,