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Are 18 Holes Enough for Tiger Woods?


  • Oliver Gürtler


This article addresses the selection problem in promotion tournaments. I consider a situation with heterogeneous employees and ask whether an employer might be interested in repeating a promotion tournament. On the one hand, this yields a reduction in uncertainty over the employees' abilities. On the other hand, there are costs if a workplace stays vacant. Copyright Blackwell Publishers Ltd and the Board of Trustees of the Bulletin of Economic Research, 2006.

Suggested Citation

  • Oliver Gürtler, 2006. "Are 18 Holes Enough for Tiger Woods?," Bulletin of Economic Research, Wiley Blackwell, vol. 58(3), pages 267-284, July.
  • Handle: RePEc:bla:buecrs:v:58:y:2006:i:3:p:267-284

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    References listed on IDEAS

    1. Michel Lubrano & Luc Bauwens & Alan Kirman & Camelia Protopopescu, 2003. "Ranking Economics Departments in Europe: A Statistical Approach," Journal of the European Economic Association, MIT Press, vol. 1(6), pages 1367-1401, December.
    2. Juan Dolado & Antonio García-Romero & Gema Zamarro, 2003. "Publishing performance in economics: Spanish rankings (1990-1999)," Spanish Economic Review, Springer;Spanish Economic Association, vol. 5(4), pages 317-317, November.
    3. Kalaitzidakis, Pantelis & Mamuneas, Theofanis P. & Stengos, Thanasis, 1999. "European economics: An analysis based on publications in the core journals," European Economic Review, Elsevier, vol. 43(4-6), pages 1150-1168, April.
    4. Richard Pomfret & Liang Choon Wang, 2003. "Evaluating The Research Output Of Australian Universities' Economics Departments," Australian Economic Papers, Wiley Blackwell, vol. 42(4), pages 418-441, December.
    5. Joao Ricardo Faria, 2000. "The Research Output of Academic Economists in Brazil," Working Paper Series 100, Finance Discipline Group, UTS Business School, University of Technology, Sydney.
    6. Joseph Macri & Dipendra Sinha, 2006. "Rankings Methodology for International Comparisons of Institutions and Individuals: an Application to Economics in Australia and New Zealand," Journal of Economic Surveys, Wiley Blackwell, vol. 20(1), pages 111-156, February.
    7. Pantelis Kalaitzidakis & Theofanis P. Mamuneas & Thanasis Stengos, 1999. "Rankings of Economic Departments Among Greek-Speaking Institutions," Ekonomia, Cyprus Economic Society and University of Cyprus, vol. 3(1), pages 70-75, summer.
    8. Tom Coupé & Patrick Paul Walsh, 2003. "Quality Based Rankings of Irish Economists 1990-2000," The Economic and Social Review, Economic and Social Studies, vol. 34(2), pages 145-149.
    9. Pantelis Kalaitzidakis & Theofanis P. Mamuneas & Thanasis Stengos, 2003. "Rankings of Academic Journals and Institutions in Economics," Journal of the European Economic Association, MIT Press, vol. 1(6), pages 1346-1366, December.
    10. Michael E. Conroy & Richard Dusansky, 1995. "The Productivity of Economics Departments in the U.S.: Publications in the Core Journals," Journal of Economic Literature, American Economic Association, vol. 33(4), pages 1966-1971, December.
    11. Franklin Mixon & Kamal Upadhyaya, 2001. "Ranking economics departments in the US South," Applied Economics Letters, Taylor & Francis Journals, vol. 8(2), pages 115-119.
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    Cited by:

    1. James W. Bono, 2008. "Sales contests, promotion decisions and heterogeneous risk," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 29(4), pages 371-382.
    2. repec:lan:wpaper:3570 is not listed on IDEAS
    3. repec:lan:wpaper:3963 is not listed on IDEAS
    4. repec:lan:wpaper:3678 is not listed on IDEAS
    5. B Frick & R Simmons, 2007. "The allocation of rewards in athletic contests," Working Papers 591160, Lancaster University Management School, Economics Department.

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