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Contingent payments in selection contests

Author Info

Listed author(s):
  • Derek Clark

    ()

  • Christian Riis

    ()

Abstract

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File URL: http://hdl.handle.net/10.1007/s10058-007-0030-7
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Article provided by Springer & Society for Economic Design in its journal Review of Economic Design.

Volume (Year): 11 (2007)
Issue (Month): 2 (September)
Pages: 125-137

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Handle: RePEc:spr:reecde:v:11:y:2007:i:2:p:125-137
DOI: 10.1007/s10058-007-0030-7
Contact details of provider: Web page: http://www.springer.com

Web page: https://sites.google.com/site/societyforeconomicdesign/

Order Information: Web: http://www.springer.com/economics/journal/10058

Keywords: Research contest; Selection; Rank-order; Contingent payment; D82; M52; D72;

Find related papers by JEL classification:

  • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
  • M52 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Compensation and Compensation Methods and Their Effects
  • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior

References listed on IDEAS
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  1. By Kenneth L. Judd & Karl Schmedders & Şevin Yeltekin, 2012. "Optimal Rules For Patent Races," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 53(1), pages 23-52, 02.
  2. Encaoua, David & Guellec, Dominique & Martinez, Catalina, 2006. "Patent systems for encouraging innovation: Lessons from economic analysis," Research Policy, Elsevier, vol. 35(9), pages 1423-1440, November.
  3. Derek Clark & Christian Riis, 2001. "Rank-order tournaments and selection," Journal of Economics, Springer, vol. 73(2), pages 167-191, June.
  4. Gifford, Adam, Jr & Kenney, Roy W, 1986. "The Production of Information through Labor Market Contests," Journal of Law, Economics and Organization, Oxford University Press, vol. 2(2), pages 305-313, Fall.
  5. Landers, Renee M & Rebitzer, James B & Taylor, Lowell J, 1996. "Rat Race Redux: Adverse Selection in the Determination of Work Hours in Law Firms," American Economic Review, American Economic Association, vol. 86(3), pages 329-348, June.
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Cited by:

  1. Werner Güth & René Levínský & Kerstin Pull & Ori Weisel, 2016. "Tournaments and piece rates revisited: a theoretical and experimental study of output-dependent prize tournaments," Review of Economic Design, Springer;Society for Economic Design, vol. 20(1), pages 69-88, March.
  2. Fares, M'hand & Orozco, Luis, 2014. "Tournament Mechanism in Wine-Grape Contracts: Evidence from a French Wine Cooperative," Journal of Wine Economics, Cambridge University Press, vol. 9(03), pages 320-345, December.
  3. Fu, Qiang & Lu, Jingfeng & Lu, Yuanzhu, 2012. "Incentivizing R&D: Prize or subsidies?," International Journal of Industrial Organization, Elsevier, vol. 30(1), pages 67-79.
  4. Kräkel, Matthias & Schöttner, Anja, 2012. "Internal labor markets and worker rents," Journal of Economic Behavior & Organization, Elsevier, vol. 84(2), pages 491-509.

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