Arbeitspapier
Potential, prizes and performance : testing tournament theory with professional tennis data
This paper tests two hypotheses from the theory of elimination tournaments: (i) that uneven tournaments, where the contestants are ex ante heterogeneous, entail lower effort exertion; this is a prediction from agency theory that has not been tested empirically before; and (ii) whether incentives set through prizes matter for effort exertion; this assumption underlies any agency theory about elimination tournaments, and has been empirically tested in other contexts. The evidence obtained with data from professional tennis tournaments supports both the assumption that incentives matter, as well as the theoretical implications concerning uneven tournaments among heterogeneous contestants.
- Language
-
Englisch
- Bibliographic citation
-
Series: IZA Discussion Papers ; No. 947
- Classification
-
Wirtschaft
Personnel Management; Executives; Executive Compensation
Compensation Packages; Payment Methods
Labor Contracts
- Subject
-
elimination tournaments
uneven tournaments
incentives in tournaments
tennis
Leistungsmotivation
Wettbewerb
Leistungsanreiz
Agency Theory
Schätzung
Theorie
Welt
Tournament
- Event
-
Geistige Schöpfung
- (who)
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Sunde, Uwe
- Event
-
Veröffentlichung
- (who)
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Institute for the Study of Labor (IZA)
- (where)
-
Bonn
- (when)
-
2003
- Handle
- Last update
-
20.09.2024, 8:25 AM CEST
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the 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
- Sunde, Uwe
- Institute for the Study of Labor (IZA)
Time of origin
- 2003
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