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.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 10977

Klassifikation
Wirtschaft
Analysis of Education
Sports; Gambling; Restaurants; Recreation; Tourism
Thema
tournament
contract
risk
sports

Ereignis
Geistige Schöpfung
(wer)
Adams, Nathan R.
Waddell, Glen R.
Ereignis
Veröffentlichung
(wer)
Institute of Labor Economics (IZA)
(wo)
Bonn
(wann)
2017

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Adams, Nathan R.
  • Waddell, Glen R.
  • Institute of Labor Economics (IZA)

Entstanden

  • 2017

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