Asset markets: How they are affected by tournament incentives for individuals

American Economic Review

Volumn 90, Issue 4, 2000, Pages 995-1004

  James, Duncan ^a   Isaac, R Mark ^b  

^a FORDHAM UNIVERSITY   (United States)

^b UNIVERSITY OF ARIZONA   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0038432480     PISSN: 00028282     EISSN: None     Source Type: Journal    
DOI: 10.1257/aer.90.4.995     Document Type: Article

References (10)

1. Brown, Keith C.; Van Harlow, W. and Starks, Laura T. "Of Tournaments and Temptations: An Analysis of Managerial Incentives in the Mutual Fund Industry." Journal of Finance, March 1996, 51(1), pp. 85-110.
2. Bull, Clive; Schotter, Andrew and Weigelt, Keith. "Tournaments and Piece Rates: An Experimental Study." Journal of Political Economy, February 1987, 95(1), pp. 1-33.
3. Cohen, Andrew. "Abby's Road." Boston Magazine, April 1997, pp. 50-55, 91-94, as reposted on Boston Magazine Online, 1997.
4. Cohen, Andrew. "Abby's Road." Boston Magazine, April 1997, pp. 50-55, 91-94, as reposted on Boston Magazine Online, 1997.
5. Ehrenburg, Ronald G. and Bognanno, Michael L. "Do Tournaments Have Incentive Effects?" Journal of Political Economy, December 1990, 98(6), pp. 1307-24.
6. Forsythe, Robert; Palfrey, Thomas R. and Plott, Charles R. "Asset Valuation in an Experimental Market." Econometrica, May 1982, 50(3), pp. 537-67.
7. Merrill, William C. and Fox, Karl A. Introduction to economic statistics. New York: Wiley, 1970.
8. Nalebuff, Barry J. and Stiglitz, Joseph E. "Prizes and Incentives: Towards a General Theory of Compensation and Competition." Bell Journal of Economics, Spring 1983, 14(1), pp. 21-43.
9. Smith, Vernon L.; Suchanek, Gerry L. and Williams, Arlington W. "Bubbles, Crashes, and Endogenous Expectations in Experimental Spot Asset Markets." Econometrica, September 1988, 56(5), pp. 1119-53.
10. Tirole, Jean. "On the Possibility of Speculation Under Rational Expectations." Econometrica, September 1982, 50(5), pp. 1163-82.