UZH-Logo

Maintenance Infos

Problemstruktur, Eskalationsvoraussetzungen und eskalationsfördernde Bedingungen so genannter Rattenrennen


Franck, E; Müller, J C (2000). Problemstruktur, Eskalationsvoraussetzungen und eskalationsfördernde Bedingungen so genannter Rattenrennen. Schmalenbachs Zeitschrift für Betriebswirtschaftliche Forschung (zfbf), 52(1):3-26.

Abstract

The paper analyzes the economic structure of rat races, which either emerge in signaling (as a means of handling informational problems in labor markets) or in genuine tournaments. The unifying element of such contests is a rank-order reward structure. The pervasive phenomenon that contestants compete with too much effort or wasteful investments, cannot be explained in a satisfying manner if fully rational behavior is assumed. Therefore, systematic distortions of contestants' cost benefit rationales and their causes are an important issue of this paper which closes by addressing some institutional solutions to curb too much effort or wasteful investments in rat races.

The paper analyzes the economic structure of rat races, which either emerge in signaling (as a means of handling informational problems in labor markets) or in genuine tournaments. The unifying element of such contests is a rank-order reward structure. The pervasive phenomenon that contestants compete with too much effort or wasteful investments, cannot be explained in a satisfying manner if fully rational behavior is assumed. Therefore, systematic distortions of contestants' cost benefit rationales and their causes are an important issue of this paper which closes by addressing some institutional solutions to curb too much effort or wasteful investments in rat races.

Downloads

2 downloads since deposited on 29 Mar 2009
0 downloads since 12 months
Detailed statistics

Additional indexing

Item Type:Journal Article, refereed, original work
Communities & Collections:03 Faculty of Economics > Department of Business Administration
Dewey Decimal Classification:330 Economics
Language:German
Date:February 2000
Deposited On:29 Mar 2009 16:24
Last Modified:05 Apr 2016 12:24
Publisher:Verlagsgruppe Handelsblatt
ISSN:0341-2687
Official URL:http://www.wiso-net.de/webcgi?START=A60&DOKV_DB=ZGEH&DOKV_NO=ZFBF010001010&DOKV_HS=0&PP=1
Permanent URL: http://doi.org/10.5167/uzh-2782

Download

[img]
Filetype: PDF (Verlags-PDF) - Registered users only
Size: 1MB

TrendTerms

TrendTerms displays relevant terms of the abstract of this publication and related documents on a map. The terms and their relations were extracted from ZORA using word statistics. Their timelines are taken from ZORA as well. The bubble size of a term is proportional to the number of documents where the term occurs. Red, orange, yellow and green colors are used for terms that occur in the current document; red indicates high interlinkedness of a term with other terms, orange, yellow and green decreasing interlinkedness. Blue is used for terms that have a relation with the terms in this document, but occur in other documents.
You can navigate and zoom the map. Mouse-hovering a term displays its timeline, clicking it yields the associated documents.

Author Collaborations