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Competing for Talents

Author

Listed:
  • Ettore Damiano
  • Hao Li
  • Wing Suen

Abstract

Though individuals prefer to join groups with high quality peers, there are advantages to being high up in the pecking order within a group if higher ranked members of a group have greater access to the group's resources. When two organizations try to attract members from a ¯xed population of heterogeneous agents, how resources are distributed among the members according to their rank a®ects how agents choose between the organizations. Competition between the two organizations has implications for both the equilibrium sorting of agents and the way resources are distributed within each organization. To compete more intensely for the more talented agents, both organizations are selective and give no resources to their low ranks. In both organizations, higher ranks are rewarded with more resources, with a greater rate of increase in the organization that has a lower average quality in equilibrium.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Ettore Damiano & Hao Li & Wing Suen, 2006. "Competing for Talents," Departmental Working Papers _177, Chinese University of Hong Kong, Department of Economics.
    • Handle: RePEc:chk:cuhked:_177
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    Cited by:

    1. Amegashie, J. Atsu, 2019. "Quantity-cum-quality contests," European Journal of Political Economy, Elsevier, vol. 58(C), pages 289-297.
    2. Tomasz Kulisiewicz, 2013. "Redukcja obciążeń administracyjnych a wybrane zagadnienia informatyzacji administracji publicznej," Collegium of Economic Analysis Annals, Warsaw School of Economics, Collegium of Economic Analysis, issue 29, pages 131-150.
    3. Chade, Hector & Eeckhout, Jan, 2018. "Matching information," Theoretical Economics, Econometric Society, vol. 13(1), January.
    4. Puncheva-Michelotti, Petya & Hudson, Sarah & Jin, Gewen, 2018. "Employer branding and CSR communication in online recruitment advertising," Business Horizons, Elsevier, vol. 61(4), pages 643-651.
    5. Aner Sela & Ishay Rabi & Chen Cohen, 2024. "Reputation in Contests," Working Papers 2409, Ben-Gurion University of the Negev, Department of Economics.
    6. Ghazala Azmat & Marc Möller, 2016. "The Distribution of Talent across Contests Feedback in Higher Education," Working Papers 789, Queen Mary University of London, School of Economics and Finance.
    7. Martin Grossmann, 2021. "Correction to: Entry regulations and optimal prize allocation in parallel contests," Review of Economic Design, Springer;Society for Economic Design, vol. 25(4), pages 317-318, December.
    8. Aner Sela & Ishay Rabi & Chen Cohen, 2023. "An Algorithmic Analysis of Parallel Contests," Working Papers 2317, Ben-Gurion University of the Negev, Department of Economics.
    9. John Morgan & Dana Sisak & Felix Várdy, 2018. "The Ponds Dilemma," Economic Journal, Royal Economic Society, vol. 128(611), pages 1634-1682, June.
    10. Linnemer, Laurent & Visser, Michael, 2016. "Self-selection in tournaments: The case of chess players," Journal of Economic Behavior & Organization, Elsevier, vol. 126(PA), pages 213-234.

    More about this item

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory

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