Endogenous versus exogenous allocation of prizes in teams-Theory and experimental evidence

Labour Economics

Volumn 13, Issue 5, 2006, Pages 519-549

  Sutter, Matthias ^a  

^a UNIVERSITY OF INNSBRUCK   (Austria)

Author keywords

Alternating offer bargaining game; Endogenous allocation of prizes; Experiment; Threshold public good; Tournament

Indexed keywords

EID: 33748757426     PISSN: 09275371     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.labeco.2005.03.001     Document Type: Article

References (32)

1. Alchian A.A., and Demsetz H. Production, information costs, and economic organization. American Economic Review 62 (1972) 777-795
2. Andreoni J. Impure altruism and donations to public goods: A theory of warm-glow giving?. Economic Journal 100 (1990) 464-477
3. Bandiera, O., Barankay, I., Rasul, I., 2004. Relative and absolute incentives: Evidence of worker productivity. Mimeo, London School of Economics.
4. Bolton G.E., and Ockenfels A. ERC-A theory of equity, reciprocity and competition. American Economic Review 90 (2000) 166-193
5. Bull C., Schotter A., and Weigelt K. Tournaments and piece rates: An experimental study. Journal of Political Economy 95 (1987) 1-33
6. Charness G., and Rabin M. Understanding social preferences with simple tests. Quarterly Journal of Economics 117 (2002) 817-869
7. Che Y.-K., and Yoo S.-W. Optimal incentives for teams. American Economic Review 91 (2001) 525-541
8. Croson R., and Marks M. Step returns in threshold public goods: a meta-and experimental analysis. Experimental Economics 2 (2000) 239-259
9. Fahr R., and Irlenbusch B. Fairness as a constraint on trust in reciprocity- earned property rights in a reciprocal exchange experiment. Economics Letters 66 (2000) 275-282
10. Fehr E., and Schmidt K. A Theory of fairness, competition, and cooperation. Quarterly Journal of Economics 114 (1999) 817-868
11. Fischbacher, U., 1999. Z-tree: Zurich toolbox for readymade economic experiments, Working paper No. 21, Institute for Empirical Research in Economics, University of Zurich.
12. Fullerton R.L., and McAfee R.P. Auctioning entry into tournaments. Journal of Political Economy 107 (1999) 573-605
13. Güth W., and van Damme E. Information, strategic behavior, and fairness in ultimatum bargaining: An experimental study. Journal of Mathematical Psychology 42 (1998) 227-247
14. Güth, W., Schmidt, C., Sutter, M., 2003. Bargaining outside the lab- A newspaper experiment of a three-person ultimatum game. Working Paper. Max Planck Institute for Research into Economic Systems.
15. Harbring C., and Irlenbusch B. An experimental study on tournament design. Labour Economics 10 (2003) 443-464
16. Hoffman E., and Spitzer M.L. Entitlements, rights, and fairness: an experimental examination of subjects' concepts of distributive justice. Journal of Legal Studies 14 (1985) 259-297
17. Hoffman E., McCabe K., Shachat K., and Smith V.L. Preferences, property rights, and anonymity in bargaining games. Games and Economic Behavior 7 (1994) 346-380
18. Holmstrom B. Moral hazard in teams. Bell Journal of Economics 13 (1982) 324-340
19. Ichniowski C., Shaw K., and Prenushi J. The effects of human resource management practices on productivity: A study of steel finishing lines. American Economic Review 87 (1997) 291-313
20. Jehn K.A., Northcraft G.B., and Neale M.A. Why differences make a difference A field study of diversity, conflict, and performance of workgroups. Administrative Science Quarterly 44 (1999) 741-763
21. Lazear E.P., and Rosen S. Rank-order tournaments as optimum labor contracts. Journal of Political Economy 89 (1981) 841-864
22. McAfee R.P., and McMillan J. Optimal contracts for teams. International Economic Review 32 (1991) 561-577
23. Moldovanu B., and Sela A. The optimal allocation of prizes in contests. American Economic Review 91 (2001) 542-558
24. Nalbantian H.R., and Schotter A. Productivity under group incentives: An experimental study. American Economic Review 87 (1997) 314-341
25. Osterman P. How common is workplace transformation and who adapts it?. Industry and Labor Relations Review 47 (1995) 173-187
26. Palfrey T.R., and Rosenthal H. Participation and the provision of discrete public goods: a strategic analysis. Journal of Public Economics 24 (1984) 171-193
27. Pema, E., 2002. Internal labor markets revisited: Tournaments in academia. Mimeo, Michigan State University.
28. Prendergast C. The provision of incentives in firms. Journal of Economic Literature 37 (1999) 7-63
29. Rubinstein A. Perfect equilibrium in a bargaining model. Econometrica 50 (1982) 97-110
30. Sutter, M., Strassmair, C., 2005. Communication, cooperation and collusion in team tournaments- An experimental study. Mimeo, University of Innsbruck.
31. Taylor C.R. Digging for golden carrots: An analysis of research tournaments. American Economic Review 85 (1995) 872-890
32. Walster W., Berscheid E., and Walster G.W. New directions in equity research. Journal of Personality and Social Psychology 25 (1973) 151-176