Arbeitspapier
Performance and Risk Taking under Threat of Elimination
We revisit the incentive effects of elimination tournaments with a fresh approach to identification, the results of which strongly support that performance improves under the threat of elimination and does so, but only in part, due to increases in risk taking. Where we can separately identify changes in risk-independent performance and risk taking, our estimates suggest that 23 percent of the improvement in performance induced by potential elimination is due to productive increases in risk taking. These effects are concentrated among those closest to the margin of elimination and among lower-ability competitors.
- Language
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Englisch
- Bibliographic citation
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Series: IZA Discussion Papers ; No. 10977
- Classification
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Wirtschaft
Analysis of Education
Sports; Gambling; Restaurants; Recreation; Tourism
- Subject
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tournament
contract
risk
sports
- Event
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Geistige Schöpfung
- (who)
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Adams, Nathan R.
Waddell, Glen R.
- Event
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Veröffentlichung
- (who)
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Institute of Labor Economics (IZA)
- (where)
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Bonn
- (when)
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2017
- Handle
- Last update
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10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Adams, Nathan R.
- Waddell, Glen R.
- Institute of Labor Economics (IZA)
Time of origin
- 2017