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Learning from Coarse Information: Biased Contests and Career Profiles

Citations

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Cited by:

  1. Anja Schöttner & Veikko Thiele, 2010. "Promotion Tournaments and Individual Performance Pay," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 19(3), pages 699-731, September.
  2. Isabelle Brocas & Juan D Carrillo, 2007. "Reason, Emotion, and Information Processing in the Brain," Levine's Working Paper Archive 122247000000001594, David K. Levine.
  3. Jeanine Miklós-Thal & Hannes Ullrich, 2016. "Career Prospects and Effort Incentives: Evidence from Professional Soccer," Management Science, INFORMS, vol. 62(6), pages 1645-1667, June.
  4. Konrad, Kai A., 2005. "Tournaments and Multiple Productive Inputs: The Case of Performance Enhancing Drugs," IZA Discussion Papers 1844, Institute of Labor Economics (IZA).
  5. Krahmer, Daniel, 2007. "Equilibrium learning in simple contests," Games and Economic Behavior, Elsevier, vol. 59(1), pages 105-131, April.
  6. Arai, Mahmood & Billot, Antoine & Lanfranchi, Joseph, 2001. "Learning by helping: a bounded rationality model of mentoring," Journal of Economic Behavior & Organization, Elsevier, vol. 45(2), pages 113-132, June.
  7. Letina, Igor & Liu, Shuo & Netzer, Nick, 2023. "Optimal contest design: Tuning the heat," Journal of Economic Theory, Elsevier, vol. 213(C).
  8. Winston Koh, 1992. "A note on modelling tournaments," Journal of Economics, Springer, vol. 55(3), pages 297-308, October.
  9. Philippe Jehiel & Jakub Steiner, 2020. "Selective Sampling with Information-Storage Constraints [On interim rationality, belief formation and learning in decision problems with bounded memory]," The Economic Journal, Royal Economic Society, vol. 130(630), pages 1753-1781.
  10. Stefano Barbieri & Marco Serena, 2020. "Fair Representation in Primaries: Heterogeneity and the New Hampshire Effect," Working Papers tax-mpg-rps-2020-07, Max Planck Institute for Tax Law and Public Finance.
  11. Sgroi, Daniel, 2002. "Optimizing Information in the Herd: Guinea Pigs, Profits, and Welfare," Games and Economic Behavior, Elsevier, vol. 39(1), pages 137-166, April.
  12. Gershkov, Alex & Perry, Motty, 2009. "Tournaments with midterm reviews," Games and Economic Behavior, Elsevier, vol. 66(1), pages 162-190, May.
  13. Deng, Shanglyu & Fu, Qiang & Wu, Zenan, 2021. "Optimally biased Tullock contests," Journal of Mathematical Economics, Elsevier, vol. 92(C), pages 10-21.
  14. Haucap, Justus, 2010. "Eingeschränkte Rationalität in der Wettbewerbsökonomie," DICE Ordnungspolitische Perspektiven 08, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
  15. Carrillo, Juan, 2000. "Try Me! On Job Assignments as a Screening Device," CEPR Discussion Papers 2552, C.E.P.R. Discussion Papers.
  16. Marc Gürtler & Oliver Gürtler, 2015. "The Optimality of Heterogeneous Tournaments," Journal of Labor Economics, University of Chicago Press, vol. 33(4), pages 1007-1042.
  17. Sgroi, D., 2002. "Modelling Experience as Signal Accumulation," Cambridge Working Papers in Economics 0205, Faculty of Economics, University of Cambridge.
  18. Dawid, Herbert & Muehlheusser, Gerd, 2015. "Repeated selection with heterogeneous individuals and relative age effects," Journal of Economic Behavior & Organization, Elsevier, vol. 116(C), pages 387-406.
  19. Yeon-Koo Che & Konrad Mierendorff, 2019. "Optimal Dynamic Allocation of Attention," American Economic Review, American Economic Association, vol. 109(8), pages 2993-3029, August.
  20. Lorens Imhof & Matthias Kräkel, 2016. "Ex post unbalanced tournaments," RAND Journal of Economics, RAND Corporation, vol. 47(1), pages 73-98, February.
  21. Arai, Mahmood & Bursell, Moa & Nekby, Lena, 2008. "Between Meritocracy and Ethnic Discrimination: The Gender Difference," SULCIS Working Papers 2008:2, Stockholm University, Linnaeus Center for Integration Studies - SULCIS.
  22. Matthias Kräkel, 2014. "Optimal seedings in elimination tournaments revisited," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 2(1), pages 77-91, April.
  23. Li, Bo & Wu, Zenan & Xing, Zeyu, 2023. "Optimally biased contests with draws," Economics Letters, Elsevier, vol. 226(C).
  24. Mikhail Drugov & Dmitry Ryvkin, 2020. "Hunting for the discouragement effect in contests," Working Papers w0278, New Economic School (NES).
  25. David Dickinson & Marie Claire Villeval, 2007. "The Peter Principle: An Experiment," Post-Print halshs-00201225, HAL.
  26. Suh Jeongmeen, 2012. "A Theory of Optimal Quality Reports with Inertia," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 12(1), pages 1-28, December.
  27. Jaime Ortega, 2003. "Power in the Firm and Managerial Career Concerns," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 12(1), pages 1-29, March.
  28. Kräkel, Matthias & Schöttner, Anja, 2012. "Internal labor markets and worker rents," Journal of Economic Behavior & Organization, Elsevier, vol. 84(2), pages 491-509.
  29. Jeremy Burke, 2008. "Primetime Spin: Media Bias and Belief Confirming Information," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 17(3), pages 633-665, September.
  30. Bøg, Martin, 2006. "Whom to Observe?," MPRA Paper 8773, University Library of Munich, Germany, revised 14 May 2008.
  31. Matthias Kräkel, 2014. "Sandbagging," Journal of Sports Economics, , vol. 15(3), pages 263-284, June.
  32. Derek Clark & Christian Riis, 2001. "Rank-order tournaments and selection," Journal of Economics, Springer, vol. 73(2), pages 167-191, June.
  33. Santiago Oliveros & Felix Várdy, 2015. "Demand for Slant: How Abstention Shapes Voters' Choice of News Media," Economic Journal, Royal Economic Society, vol. 125(587), pages 1327-1368, September.
  34. David L. Dickinson & Marie Claire Villeval, 2012. "Job Allocation Rules and Sorting Efficiency: Experimental Outcomes in a Peter Principle Environment," Southern Economic Journal, John Wiley & Sons, vol. 78(3), pages 842-859, January.
  35. Grossmann, Martin & Hottiger, Dieter, 2020. "Liquidity constraints and the formation of unbalanced contests," International Journal of Industrial Organization, Elsevier, vol. 73(C).
  36. D. Sgroi, 2001. "Controlling the Herd: Applications of Herding Theory," Cambridge Working Papers in Economics 0106, Faculty of Economics, University of Cambridge.
  37. Waldman, Michael, 2013. "Classic promotion tournaments versus market-based tournaments," International Journal of Industrial Organization, Elsevier, vol. 31(3), pages 198-210.
  38. Robert Ridlon & Jiwoong Shin, 2013. "Favoring the Winner or Loser in Repeated Contests," Marketing Science, INFORMS, vol. 32(5), pages 768-785, September.
  39. Birger Wernerfelt, 2004. "Organizational Languages," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 13(3), pages 461-472, September.
  40. Drugov, Mikhail & Meyer, Margaret & Möller, Marc, 2022. "Selecting the Best when Selection is Hard," CEPR Discussion Papers 17484, C.E.P.R. Discussion Papers.
  41. Norbert Bach & Oliver Guertler & Joachim Prinz, 2009. "Incentive Effects in Tournaments with Heterogeneous Competitors – an Analysis of the Olympic Rowing Regatta in Sydney 2000," management revue. Socio-economic Studies, Rainer Hampp Verlag, vol. 20(3), pages 239-253.
  42. Jehiel, Philippe, 2005. "Analogy-based expectation equilibrium," Journal of Economic Theory, Elsevier, vol. 123(2), pages 81-104, August.
  43. Francesco Caselli & Thomas E. Cunningham & Massimo Morelli & Inés Moreno de Barreda, 2012. "Signalling, Incumbency Advantage, and Optimal Reelection Thresholds," NBER Working Papers 17833, National Bureau of Economic Research, Inc.
  44. Ellis, Andrew, 2018. "Foundations for optimal inattention," Journal of Economic Theory, Elsevier, vol. 173(C), pages 56-94.
  45. Catherine Haeck & Frank Verboven, 2012. "The Internal Economics of a University: Evidence from Personnel Data," Journal of Labor Economics, University of Chicago Press, vol. 30(3), pages 591-626.
  46. James W. Bono, 2008. "Sales contests, promotion decisions and heterogeneous risk," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 29(4), pages 371-382.
  47. Nobuo Koida, 2012. "Nest-monotonic two-stage acts and exponential probability capacities," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 50(1), pages 99-124, May.
  48. Jed DeVaro & Michael Waldman, 2012. "The Signaling Role of Promotions: Further Theory and Empirical Evidence," Journal of Labor Economics, University of Chicago Press, vol. 30(1), pages 91-147.
  49. Ian Ayres & Colin Rowat & Nasser Zakariya, 2004. "Optimal two stage committee voting rules," Game Theory and Information 0412006, University Library of Munich, Germany.
  50. Bang, Se Hoon & Kim, Jae Soo, 2016. "Conflict in the Shadow of Conflict," KDI Journal of Economic Policy, Korea Development Institute (KDI), vol. 38(4), pages 95-114.
  51. Christian Ewerhart & Marco Serena, 2023. "On the (Im-)Possibility of Representing Probability Distributions as a Difference of I.I.D. Noise Terms," Working Papers tax-mpg-rps-2023-04, Max Planck Institute for Tax Law and Public Finance.
  52. Kawamura, Kohei & Moreno de Barreda, Inés, 2014. "Biasing selection contests with ex-ante identical agents," Economics Letters, Elsevier, vol. 123(2), pages 240-243.
  53. Drugov, Mikhail & Ryvkin, Dmitry, 2017. "Biased contests for symmetric players," Games and Economic Behavior, Elsevier, vol. 103(C), pages 116-144.
  54. Oliver Gürtler, 2006. "Are 18 Holes Enough for Tiger Woods?," Bulletin of Economic Research, Wiley Blackwell, vol. 58(3), pages 267-284, July.
  55. Penghuan Yan, 2024. "Balancing Selection Efficiency and Societal Costs in Selective Contests," Papers 2409.09768, arXiv.org, revised Oct 2024.
  56. Hvide, Hans K. & Kristiansen, Eirik G., 2003. "Risk taking in selection contests," Games and Economic Behavior, Elsevier, vol. 42(1), pages 172-179, January.
  57. Maria Goltsman & Arijit Mukherjee, 2011. "Interim Performance Feedback in Multistage Tournaments: The Optimality of Partial Disclosure," Journal of Labor Economics, University of Chicago Press, vol. 29(2), pages 229-265.
  58. Moeller, Marc & Drugov, Mikhail & Meyer, Margaret, 2024. "Selecting the Best: The Persistent Effects of Luck," VfS Annual Conference 2024 (Berlin): Upcoming Labor Market Challenges 302345, Verein für Socialpolitik / German Economic Association.
  59. DeVaro, Jed, 2011. "Using "opposing responses" and relative performance to distinguish empirically among alternative models of promotions," MPRA Paper 35175, University Library of Munich, Germany.
  60. Nicolas Carayol, 2003. "The incentive properties of the Matthew Effect in the academic competition," Working Papers of BETA 2003-11, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
  61. Yaron Azrieli, 2024. "Temporary exclusion in repeated contests," Papers 2401.06257, arXiv.org, revised Nov 2024.
  62. Miklós-Thal, Jeanine & Ullrich, Hannes, 2009. "Nomination contests: theory and empirical evidence from professional soccer," ZEW Discussion Papers 09-027, ZEW - Leibniz Centre for European Economic Research.
  63. Ian Ayres & Colin Rowat & Nasser Zakariya, 2004. "Optimal Two Stage Committee Voting Rules," Discussion Papers 04-23, Department of Economics, University of Birmingham, revised Mar 2007.
  64. Gans, Joshua S., 1996. "On the impossibility of rational choice under incomplete information," Journal of Economic Behavior & Organization, Elsevier, vol. 29(2), pages 287-309, March.
  65. Brock, William A. & Evans, Lewis T., 1996. "Principal-agent contracts in continuous time asymmetric information models the importance of large continuing information flows," Journal of Economic Behavior & Organization, Elsevier, vol. 29(3), pages 523-535, May.
  66. Alexander K. Koch & Julia Nafziger, 2012. "Job Assignments under Moral Hazard: The Peter Principle Revisited," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 21(4), pages 1029-1059, December.
  67. Claudia Herresthal, 2015. "Inferring School Quality from Rankings: The Impact of School Choice," Economics Series Working Papers 747, University of Oxford, Department of Economics.
  68. repec:pri:indrel:dsp01n009w2307 is not listed on IDEAS
  69. Johannes Münster, 2007. "Selection Tournaments, Sabotage, and Participation," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 16(4), pages 943-970, December.
  70. Carrillo, Juan D., 2003. "Job assignments as a screening device," International Journal of Industrial Organization, Elsevier, vol. 21(6), pages 881-905, June.
  71. Evans, R., Reiche, S. & Reiche, S., 2022. "When is a Contrarian Adviser Optimal?," Cambridge Working Papers in Economics 2222, Faculty of Economics, University of Cambridge.
  72. George W. J. Hendrikse, 1998. "Screening, Competition and the Choice of the Cooperative as an Organisational Form," Journal of Agricultural Economics, Wiley Blackwell, vol. 49(2), pages 202-217, June.
  73. Volker Meier, 2004. "Setting Incentives: Temporary Performance Premiums versus Promotion Tournaments," LABOUR, CEIS, vol. 18(4), pages 661-674, December.
  74. Francesco Caselli & Tom Cunningham & Massimo Morelli & Inés Moreno de Barreda, 2012. "Signalling, Incumbency Advantage, and Optimal Reelection Rules," CEP Discussion Papers dp1122, Centre for Economic Performance, LSE.
  75. Stefano Barbieri & Marco Serena, 2018. "Biasing Unbiased Dynamic Contests," Working Papers tax-mpg-rps-2018-06, Max Planck Institute for Tax Law and Public Finance.
  76. Brocas, Isabelle & Carrillo, Juan D., 2012. "From perception to action: An economic model of brain processes," Games and Economic Behavior, Elsevier, vol. 75(1), pages 81-103.
  77. Francine D. Blau & Jed DeVaro, 2006. "New Evidence on Gender Differences in Promotion Rates: An Empirical Analysis of a Sample of New Hires," Working Papers 891, Princeton University, Department of Economics, Industrial Relations Section..
  78. Johannes Münster, 2009. "Repeated Contests with Asymmetric Information," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 11(1), pages 89-118, February.
  79. Lawson, Nicholas, 2024. "You should reject this paper: Dynamic agency, sequential evaluation, and learning in academic publishing," Journal of Economic Behavior & Organization, Elsevier, vol. 217(C), pages 112-140.
  80. Jed DeVaro & Antti Kauhanen, 2016. "An “Opposing Responses” Test of Classic versus Market-Based Promotion Tournaments," Journal of Labor Economics, University of Chicago Press, vol. 34(3), pages 747-779.
  81. Ian Ayres & Colin Rowat & Nasser Zakariya, 2004. "Optimal two stage committee voting rules," Game Theory and Information 0412006, University Library of Munich, Germany.
  82. Hendrikse, G.W.J., 1994. "Screening, competition and (de)centralization," Other publications TiSEM f01f9090-e4b1-476b-9718-0, Tilburg University, School of Economics and Management.
  83. Gürtler, Oliver, 2005. "Are 18 holes enough for Tiger Woods?," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 44, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
  84. Dirk E. Black & Marshall D. Vance, 2021. "Do First Impressions Last? The Impact of Initial Assessments and Subsequent Performance on Promotion Decisions," Management Science, INFORMS, vol. 67(7), pages 4556-4576, July.
  85. Florian Ederer, 2010. "Feedback and Motivation in Dynamic Tournaments," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 19(3), pages 733-769, September.
  86. David Bjerk, 2008. "Glass Ceilings or Sticky Floors? Statistical Discrimination in a Dynamic Model of Hiring and Promotion," Economic Journal, Royal Economic Society, vol. 118(530), pages 961-982, July.
  87. Hendrikse, G.W.J., 1994. "Screening, competition and (de)centralization," Research Memorandum FEW 633, Tilburg University, School of Economics and Management.
  88. Herresthal, C., 2017. "Performance-Based Rankings and School Quality," Cambridge Working Papers in Economics 1754, Faculty of Economics, University of Cambridge.
  89. repec:eee:labchp:v:3:y:1999:i:pb:p:2373-2437 is not listed on IDEAS
  90. Charles J. Hadlock & Tracy Lewis, 2003. "Bargaining When Exchange Affects the Value of Future Trade," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 12(4), pages 557-589, December.
  91. Hossain, Tanjim & Morgan, John, 2022. "Maybe I Should Just Stay Home," MPRA Paper 111761, University Library of Munich, Germany.
  92. Bernd Frick & Oliver Gürtler & Joachim Prinz, 2008. "Anreize in Turnieren mit heterogenen Teilnehmern — Eine empirische Untersuchung mit Daten aus der Fußball-Bundesliga," Schmalenbach Journal of Business Research, Springer, vol. 60(4), pages 385-405, June.
  93. Brilon, Stefanie, 2015. "Job assignment with multivariate skills and the Peter Principle," Labour Economics, Elsevier, vol. 32(C), pages 112-121.
  94. Barbieri, Stefano & Serena, Marco, 2022. "Biasing dynamic contests between ex-ante symmetric players," Games and Economic Behavior, Elsevier, vol. 136(C), pages 1-30.
  95. Robert Gibbons, 1996. "Incentives and Careers in Organizations," NBER Working Papers 5705, National Bureau of Economic Research, Inc.
  96. Münster, Johannes, 2006. "Selection Tournaments, Sabotage, and Participation," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 118, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
  97. Fu, Qiang & Wu, Zenan, 2020. "On the optimal design of biased contests," Theoretical Economics, Econometric Society, vol. 15(4), November.
  98. Münster, Johannes, 2008. "Repeated contests with asymmetric information [Wiederholte Wettkämpfe mit asymmetrischer Information]," Discussion Papers, Research Unit: Market Processes and Governance SP II 2008-08, WZB Berlin Social Science Center.
  99. Katolnik, Svetlana & Hakenes, Hendrik, 2014. "On the Incentive Effect of Job Rotation," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100574, Verein für Socialpolitik / German Economic Association.
  100. Drugov, Mikhail, 2015. "Optimal Patronage," CEPR Discussion Papers 10343, C.E.P.R. Discussion Papers.
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