Publication:

Incentives and motivation in dynamic contests

Date

Date

Date
2021
Journal Article
Published version

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Citation copied

Klein, A. H., & Schmutzler, A. (2021). Incentives and motivation in dynamic contests. Journal of Economic Behavior & Organization, 189, 194–216. https://doi.org/10.1016/j.jebo.2021.06.023

Abstract

Abstract

Abstract

This paper uses a contest setting to analyze the provision of intertemporal incentives in organizations. Should a principal repeatedly award small prizes or give a large prize that takes past performance into account? A simple theoretical model predicts higher efforts in the latter case. An experiment confirms this prediction, but the size of the effect is smaller than expected. This result reflects two observations of independent interest. First, there is a revenge effect for laggards in repeated contests: Laggards exert higher effor

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Additional indexing

Creators (Authors)

Journal/Series Title

Journal/Series Title

Journal/Series Title

Volume

Volume

Volume
189

Page Range

Page Range

Page Range
194

Page end

Page end

Page end
216

Item Type

Item Type

Item Type
Journal Article

Dewey Decimal Classifikation

Dewey Decimal Classifikation

Dewey Decimal Classifikation

Keywords

Dynamic contests, rank-order tournaments, incentive systems, intimidation effect, revenge effect, experiments

Scope

Scope

Scope
Discipline-based scholarship (basic research)

Language

Language

Language
English

Publication date

Publication date

Publication date
2021-09-01

Date available

Date available

Date available
2021-09-03

Publisher

Publisher

Publisher

ISSN or e-ISSN

ISSN or e-ISSN

ISSN or e-ISSN
0167-2681

OA Status

OA Status

OA Status
Green

Other Identification Number

Other Identification Number

Other Identification Number
merlin-id:21483

Funder name

Funder name

Funder name
SNSF
SNSF

Grant ID

Grant ID

Grant ID
100018_131854
P1ZHP1_151688

Project Title

Project Title

Project Title
Competition, Long-term Decisions, and Welfare
Asymmetry in Economic Decisions

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Citations

Citation copied

Klein, A. H., & Schmutzler, A. (2021). Incentives and motivation in dynamic contests. Journal of Economic Behavior & Organization, 189, 194–216. https://doi.org/10.1016/j.jebo.2021.06.023

Green Open Access
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