The Response of Workers to Wages in Tournaments: Evidence from Foot Races
AbstractThe authors examine labor supply using 1,426 responses of individual runners to prizes in open invitational foot races. The data are used to decompose the overall market response of higher prizes into two components based on the basic tournament model. First, an entry effect exists in which higher wages attract more highly skilled runners to participate. Second, the spread between prizes incites runners individually to work harder. This second effect is detected across the entire sample and for individuals measured against their own average performance. The authors also examine the supply elasticities between the sexes. As a group, women respond more to higher wages than men in both the entry and individual effort dimensions. Also, the more concentrated the prize money in a race, the higher the revealed effort level by the runners. The authors find that the tournament nature of competition has important incentive effects.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by in its journal Journal of Sports Economics.
Volume (Year): 1 (2000)
Issue (Month): 2 (May)
Contact details of provider:
Find related papers by JEL classification:
- L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
- J44 - Labor and Demographic Economics - - Particular Labor Markets - - - Professional Labor Markets and Occupations
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
This item has more than 25 citations. To prevent cluttering this page, these citations are listed on a separate page. reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (SAGE Publications).
If references are entirely missing, you can add them using this form.