Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5078143 | International Journal of Industrial Organization | 2013 | 12 Pages |
Abstract
⺠We model optimal effort provision in cardinal, ordinal, and piece rate tournaments. ⺠We provide testable predictions that distinguish between two tournament models. ⺠We implement an empirical test using data from a real effort laboratory experiment. ⺠We find that ability and effort are neither compliments nor substitutes.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Robert G. Hammond, Xiaoyong Zheng,