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Feedback and Motivation in Dynamic Tournaments

Feedback and Motivation in Dynamic Tournaments PDF Author: Florian Ederer
Publisher:
ISBN:
Category :
Languages : en
Pages : 36

Book Description
We investigate the choice to conduct interim performance evaluations in a dynamic tournament. When a worker's ability does not influence the marginal benefit of effort, the choice depends on the shape of the cost of effort function. When effort and ability are complementary, feedback has several competing effects: it informs workers about their relative position in the tournament (evaluation effect) as well as their relative productivity (motivation effect) and it creates signal-jamming incentives to exert effort prior to the performance evaluation. These effects suggest a trade-off of performance feedback between evaluation and motivation which is in accordance with organizational behavior research and performance appraisal practices.

Feedback and Motivation in Dynamic Tournaments

Feedback and Motivation in Dynamic Tournaments PDF Author: Florian Ederer
Publisher:
ISBN:
Category :
Languages : en
Pages : 36

Book Description
We investigate the choice to conduct interim performance evaluations in a dynamic tournament. When a worker's ability does not influence the marginal benefit of effort, the choice depends on the shape of the cost of effort function. When effort and ability are complementary, feedback has several competing effects: it informs workers about their relative position in the tournament (evaluation effect) as well as their relative productivity (motivation effect) and it creates signal-jamming incentives to exert effort prior to the performance evaluation. These effects suggest a trade-off of performance feedback between evaluation and motivation which is in accordance with organizational behavior research and performance appraisal practices.

Rational Long Shot in Dynamic Tournaments with Interim Performance Feedback

Rational Long Shot in Dynamic Tournaments with Interim Performance Feedback PDF Author: 李易珊
Publisher:
ISBN:
Category :
Languages : en
Pages :

Book Description


Incentives for Collaboration and Competition

Incentives for Collaboration and Competition PDF Author: Jonas Heite
Publisher: Springer Nature
ISBN: 3658292318
Category : Business & Economics
Languages : en
Pages : 219

Book Description
Individuals and firms can improve their performance through collaboration and competition. However, it is still an open question how collaboration and competition schemes can be optimally designed and incentivized in order to exploit their full potential. Jonas Heite investigates this question by assessing efforts to stimulate R&D collaboration and by examining properties as well as underlying mechanisms (e.g., effort, risk, confidence and stress) of ability configurations in contests. Based on three large-scale economic studies covering laboratory, field and natural experiments, the author applies novel and sophisticated econometric methods to provide causal empirical evidence that yields important implications for policymakers, managers and researchers.

The Handbook of Organizational Economics

The Handbook of Organizational Economics PDF Author: Robert S. Gibbons
Publisher: Princeton University Press
ISBN: 0691132798
Category : Business & Economics
Languages : en
Pages : 1248

Book Description
(E-book available via MyiLibrary) In even the most market-oriented economies, most economic transactions occur not in markets but inside managed organizations, particularly business firms. Organizational economics seeks to understand the nature and workings of such organizations and their impact on economic performance. The Handbook of Organizational Economics surveys the major theories, evidence, and methods used in the field. It displays the breadth of topics in organizational economics, including the roles of individuals and groups in organizations, organizational structures and processes, the boundaries of the firm, contracts between and within firms, and more.

Handbook of Labor Economics

Handbook of Labor Economics PDF Author: Orley Ashenfelter
Publisher: Elsevier
ISBN: 0444534504
Category : Business & Economics
Languages : en
Pages : 863

Book Description
A guide to the continually evolving field of labour economics.

Generation A

Generation A PDF Author: Amy E. Hurley-Hanson
Publisher: Emerald Group Publishing
ISBN: 1802622632
Category : Business & Economics
Languages : en
Pages : 241

Book Description
Providing several new contributions to both the disabilities literature and research on special populations and international perspectives on Generation A, this book explores ways that researchers can help facilitate finding and maintaining employment for individuals with Autism Spectrum Disorder (ASD).

Leadership and Workplace Culture in the Digital Era

Leadership and Workplace Culture in the Digital Era PDF Author: Al-A'ali, Ebtihaj
Publisher: IGI Global
ISBN: 1668458667
Category : Business & Economics
Languages : en
Pages : 302

Book Description
Digital technologies are transforming the world, especially within the business realm. There is a need to comprehend the changes related to digital transformation for both the present and future. Such comprehension enables businesses to achieve success and sustainability. It is of the utmost importance that business leaders are both aware of this digital transformation, and that they shape their leadership strategies and approaches accordingly. Leadership and Workplace Culture in the Digital Era explores leadership changes in light of the advancements in the digital era. It further discusses the role of leadership in relation to business strategies and investigates future leadership styles and their implementation. Covering topics such as technological stress, employee commitment, and leadership development, this premier reference source is an essential resource for business executives and managers, human resource managers, IT managers, government officials, students and faculty of higher education, librarians, researchers, and academicians.

Crime, Violence, and Justice in Latin America

Crime, Violence, and Justice in Latin America PDF Author: Carlos Solar
Publisher: Taylor & Francis
ISBN: 100081372X
Category : Political Science
Languages : en
Pages : 267

Book Description
This book asks why crime and violence persist in Latin America at extreme levels and why the states have not been able to more effectively solve this problem that dominates the lives of many millions of Latin Americans. Informed by diverse disciplinary backgrounds, the book brings together a team of regional experts to discuss research-based explanations on some of Latin America’s most pressing criminal and violent issues distressing the rule of law. First, it examines old and new forms of observing crime upon perpetrators and victimized communities. Second, it explores the geographies of urban and rural violence and the entangled politics following organized criminality. Third, it questions how the transfer of policy knowledge and expertise reshapes local security governance, and, more importantly, critically examines the problems in implementing foreign models and paradigms in the Latin American context. Finally, it exposes the everchanging scenario of policy-making and prosecuting crime and homicide. Crime, Violence, and Justice in Latin America provides new themes and novel trends on what crime and violence mean in the eyes of observers, perpetrators, policymakers, governmental officials, and victims. It is an important acquisition for policy makers and academics alike.

Psychological Pressure and the Right to Determine the Moves in Dynamic Tournaments

Psychological Pressure and the Right to Determine the Moves in Dynamic Tournaments PDF Author: Mark Kassis
Publisher:
ISBN:
Category :
Languages : en
Pages :

Book Description
In this paper, we show that the right to determine the sequence of moves in a dynamic team tournament improves the chances of winning the contest. Because studying dynamic team tournaments - like R&D races - with interim feedback is difficult with company data, we examine decisions of highly paid professionals in soccer penalty shootouts and show that teams whose captains can decide about the shooting sequence are more likely to win the shootout. So, managerial decisions matter for outcomes of dynamic tournaments and we discuss potential reasons for this finding.

Game Theory

Game Theory PDF Author: Drew Fudenberg
Publisher: MIT Press
ISBN: 0262303760
Category : Business & Economics
Languages : en
Pages : 616

Book Description
This advanced text introduces the principles of noncooperative game theory in a direct and uncomplicated style that will acquaint students with the broad spectrum of the field while highlighting and explaining what they need to know at any given point. This advanced text introduces the principles of noncooperative game theory—including strategic form games, Nash equilibria, subgame perfection, repeated games, and games of incomplete information—in a direct and uncomplicated style that will acquaint students with the broad spectrum of the field while highlighting and explaining what they need to know at any given point. The analytic material is accompanied by many applications, examples, and exercises. The theory of noncooperative games studies the behavior of agents in any situation where each agent's optimal choice may depend on a forecast of the opponents' choices. "Noncooperative" refers to choices that are based on the participant's perceived selfinterest. Although game theory has been applied to many fields, Fudenberg and Tirole focus on the kinds of game theory that have been most useful in the study of economic problems. They also include some applications to political science. The fourteen chapters are grouped in parts that cover static games of complete information, dynamic games of complete information, static games of incomplete information, dynamic games of incomplete information, and advanced topics.