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Honesty in tournaments

Author

Listed:
  • Conrads, Julian
  • Irlenbusch, Bernd
  • Rilke, Rainer Michael
  • Schielke, Anne
  • Walkowitz, Gari

Abstract

We apply the die rolling experiment of Fischbacher and Föllmi-Heusi (2013) to a two-player tournament incentive scheme. Our treatments vary the prize spread. The data highlights that honesty is more pronounced when the prize spread is small.

Suggested Citation

  • Conrads, Julian & Irlenbusch, Bernd & Rilke, Rainer Michael & Schielke, Anne & Walkowitz, Gari, 2014. "Honesty in tournaments," Economics Letters, Elsevier, vol. 123(1), pages 90-93.
    • Handle: RePEc:eee:ecolet:v:123:y:2014:i:1:p:90-93
    DOI: 10.1016/j.econlet.2014.01.026
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    References listed on IDEAS

    as
    1. Lazear, Edward P & Rosen, Sherwin, 1981. "Rank-Order Tournaments as Optimum Labor Contracts," Journal of Political Economy, University of Chicago Press, vol. 89(5), pages 841-864, October.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Experiment; Compensation schemes; Tournament; Honesty;
    All these keywords.

    JEL classification:

    • C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
    • C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior
    • M52 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Compensation and Compensation Methods and Their Effects

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