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Public Contests

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  • Boudreau, Kevin J.
  • Karim R. Lakhani
  • Michael E. Menietti
  • Annika M. Mueller

Abstract

Many tournaments take place in the public eye; imbuing the outcomes with signaling value. In this article, the results of an online field experiment on signaling incentives in these public tournaments are presented. In one treatment, tournament outcomes were made available to competitors' peers. In another treatment, outcomes were made available to potential employers. We find significant effects from both experimental variations, as well as heterogeneity in those affected. Increasing visibility to peers was valued by the most able competitors as much as increasing cash prizes by $1000. Increasing visibility to potential employers was valued as much as increasing cash prizes by $450, but only by those of moderate ability.

Suggested Citation

  • Boudreau, Kevin J. & Karim R. Lakhani & Michael E. Menietti & Annika M. Mueller, 2013. "Public Contests," Working Paper 127001, Harvard University OpenScholar.
    • Handle: RePEc:qsh:wpaper:127001
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