Tournament Rewards and Risk Taking
Author
Abstract
Suggested Citation
Download full text from publisher
Other versions of this item:
- Hans K. Hvide, 2002. "Tournament Rewards and Risk Taking," Journal of Labor Economics, University of Chicago Press, vol. 20(4), pages 877-898, October.
- Hvide, H.K., 1999. "Tournament Rewards and Risk Taking," Papers 32-99, Tel Aviv.
References listed on IDEAS
- Rajesh K. Aggarwal & Andrew A. Samwick, 1999.
"The Other Side of the Trade-off: The Impact of Risk on Executive Compensation,"
Journal of Political Economy, University of Chicago Press, vol. 107(1), pages 65-105, February.
- Rajesh Aggarwal & Andrew A. Samwick, 1998. "The Other Side of the Tradeoff: The Impact of Risk on Executive Compensation," NBER Working Papers 6634, National Bureau of Economic Research, Inc.
- Bengt Holmstrom, 1982.
"Moral Hazard in Teams,"
Bell Journal of Economics, The RAND Corporation, vol. 13(2), pages 324-340, Autumn.
- Bengt Holmstrom, 1981. "Moral Hazard in Teams," Discussion Papers 471, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Grossman, Sanford J & Hart, Oliver D, 1983.
"An Analysis of the Principal-Agent Problem,"
Econometrica, Econometric Society, vol. 51(1), pages 7-45, January.
- Sanford Grossman & Oliver Hart, "undated". "An Analysis of the Principal-Agent Problem," Rodney L. White Center for Financial Research Working Papers 15-80, Wharton School Rodney L. White Center for Financial Research.
- Sanford J Grossman & Oliver D Hart, 2001. "An Analysis of the Principal-Agent Problem," Levine's Working Paper Archive 391749000000000339, David K. Levine.
- Chevalier, Judith & Ellison, Glenn, 1997.
"Risk Taking by Mutual Funds as a Response to Incentives,"
Journal of Political Economy, University of Chicago Press, vol. 105(6), pages 1167-1200, December.
- Judith A. Chevalier & Glenn D. Ellison, 1995. "Risk Taking by Mutual Funds as a Response to Incentives," NBER Working Papers 5234, National Bureau of Economic Research, Inc.
- Chevalier, J. & Ellison, G., 1996. "Risk Taking by Mutual Funds as a Response to Incentives," Working papers 96-3, Massachusetts Institute of Technology (MIT), Department of Economics.
- Rajesh K. Aggarwal & Andrew A. Samwick, 1999.
"Executive Compensation, Strategic Competition, and Relative Performance Evaluation: Theory and Evidence,"
Journal of Finance, American Finance Association, vol. 54(6), pages 1999-2043, December.
- Rajesh Aggarwal & Andrew A. Samwick, 1996. "Executive Compensation, Strategic Competition, and Relative Performance Evaluation: Theory and Evidence," NBER Working Papers 5648, National Bureau of Economic Research, Inc.
- Murphy, Kevin J., 1999. "Executive compensation," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 3, chapter 38, pages 2485-2563, Elsevier.
- Eriksson, Tor, 1999. "Executive Compensation and Tournament Theory: Empirical Tests on Danish Data," Journal of Labor Economics, University of Chicago Press, vol. 17(2), pages 262-280, April.
- Brown, Keith C & Harlow, W V & Starks, Laura T, 1996. "Of Tournaments and Temptations: An Analysis of Managerial Incentives in the Mutual Fund Industry," Journal of Finance, American Finance Association, vol. 51(1), pages 85-110, March.
- Heinkel, Robert & Stoughton, Neal M, 1994. "The Dynamics of Portfolio Management Contracts," The Review of Financial Studies, Society for Financial Studies, vol. 7(2), pages 351-387.
- Ehrenberg, Ronald G & Bognanno, Michael L, 1990.
"Do Tournaments Have Incentive Effects?,"
Journal of Political Economy, University of Chicago Press, vol. 98(6), pages 1307-1324, December.
- Ronald G. Ehrenberg & Michael L. Bognanno, 1988. "Do Tournaments Have Incentive Effects?," NBER Working Papers 2638, National Bureau of Economic Research, Inc.
- Richard L. Fullerton & R. Preston McAfee, 1999. "Auctioning Entry into Tournaments," Journal of Political Economy, University of Chicago Press, vol. 107(3), pages 573-605, June.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- repec:eee:labchp:v:3:y:1999:i:pb:p:2373-2437 is not listed on IDEAS
- Edward P. Lazear, 1995.
"Personnel Economics,"
MIT Press Books,
The MIT Press,
edition 1, volume 1, number 0262121883, April.
- Edward P. Lazear & Paul Oyer, 2007. "Personnel Economics," NBER Working Papers 13480, National Bureau of Economic Research, Inc.
- Canice Prendergast, 2000. "The Tenuous Tradeoff Between Risk and Incentives," NBER Working Papers 7815, National Bureau of Economic Research, Inc.
- Jenter, Dirk, 2004.
"Executive Compensation, Incentives, and Risk,"
Working papers
4466-02, Massachusetts Institute of Technology (MIT), Sloan School of Management.
- Jenter, Dirk, 2004. "Executive Compensation, Incentives, and Risk," Working papers 4466-02, Massachusetts Institute of Technology (MIT), Sloan School of Management.
- Christos Genakos & Mario Pagliero, 2012.
"Interim Rank, Risk Taking, and Performance in Dynamic Tournaments,"
Journal of Political Economy, University of Chicago Press, vol. 120(4), pages 782-813.
- Christos Genakos & Mario Pagliero, 2009. "Interim Rank, Risk Taking and Performance in Dynamic Tournaments," CEP Discussion Papers dp0928, Centre for Economic Performance, LSE.
- Christos Genakos & Mario Pagliero, 2011. "Interim Rank, Risk Taking and Performance in Dynamic Tournaments," Carlo Alberto Notebooks 196, Collegio Carlo Alberto.
- Kevin J. Boudreau & Nicola Lacetera & Karim R. Lakhani, 2011. "Incentives and Problem Uncertainty in Innovation Contests: An Empirical Analysis," Management Science, INFORMS, vol. 57(5), pages 843-863, May.
- Edward P. Lazear & Paul Oyer, 2012.
"Personnel Economics [The Handbook of Organizational Economics],"
Introductory Chapters,,
Princeton University Press.
- Edward P. Lazear & Paul Oyer, 2007. "Personnel Economics," NBER Working Papers 13480, National Bureau of Economic Research, Inc.
- Albuquerque, Ana, 2009. "Peer firms in relative performance evaluation," Journal of Accounting and Economics, Elsevier, vol. 48(1), pages 69-89, October.
- Francis, Bill & Hasan, Iftekhar & Mani, Sureshbabu & Ye, Pengfei, 2016. "Relative peer quality and firm performance," Journal of Financial Economics, Elsevier, vol. 122(1), pages 196-219.
- Kim, Kyonghee, 2010. "Blockholder monitoring and the efficiency of pay-performance benchmarking," Journal of Corporate Finance, Elsevier, vol. 16(5), pages 748-766, December.
- Eduard Marinov, 2016. "The 2016 Nobel Prize in Economics," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 6, pages 97-149.
- Basak, Suleyman & Makarov, Dmitry, 2012.
"Difference in interim performance and risk taking with short-sale constraints,"
Journal of Financial Economics, Elsevier, vol. 103(2), pages 377-392.
- Basak, Suleyman & Makarov, Dmitry, 2010. "Difference in Interim Performance and Risk Taking with Short-Sale Constraints," CEPR Discussion Papers 8072, C.E.P.R. Discussion Papers.
- Suleyman Basak & Dmitry Makarov, 2010. "Difference in Interim Performance and Risk Taking with Short-sale Constraints," Working Papers w0159, Center for Economic and Financial Research (CEFIR).
- Suleyman Basak & Dmitry Makarov, 2010. "Difference in Interim Performance and Risk Taking with Short-sale Constraints," Working Papers w0159, New Economic School (NES).
- Goergen, Marc & Manjon, Miguel C. & Renneboog, Luc, 2008.
"Recent developments in German corporate governance,"
International Review of Law and Economics, Elsevier, vol. 28(3), pages 175-193, September.
- Goergen, M. & Manjon, M.C. & Renneboog, L.D.R., 2004. "Recent Developments in German Corporate Governance," Discussion Paper 2004-123, Tilburg University, Center for Economic Research.
- Goergen, M. & Manjon, M.C. & Renneboog, L.D.R., 2004. "Recent Developments in German Corporate Governance," Discussion Paper 2004-014, Tilburg University, Tilburg Law and Economic Center.
- Goergen, M. & Manjon, M.C. & Renneboog, L.D.R., 2004. "Recent Developments in German Corporate Governance," Other publications TiSEM db2cef31-d47e-445d-ba35-d, Tilburg University, School of Economics and Management.
- Goergen, M. & Manjon, M.C. & Renneboog, L.D.R., 2004. "Recent Developments in German Corporate Governance," Other publications TiSEM f1cb70de-0638-4cfc-baf6-b, Tilburg University, School of Economics and Management.
- John List & Daan Van Soest & Jan Stoop & Haiwen Zhou, 2014.
"On the Role of Group Size in Tournaments: Theory and Evidence from Lab and Field Experiments,"
NBER Working Papers
20008, National Bureau of Economic Research, Inc.
- John List & Jan Stoop & Daan van Soest & Haiwen Zhou, 2014. "On the Role of Group Size in Tournaments: Theory and Evidence from Lab and Field Experiments," Artefactual Field Experiments 00589, The Field Experiments Website.
- Ghazala Azmat & Marc Möller, 2018.
"The Distribution of Talent Across Contests,"
Economic Journal, Royal Economic Society, vol. 128(609), pages 471-509, March.
- Ghazala Azmat & Marc Möller, 2012. "The Distribution of Talent across Contests," Working Papers 600, Barcelona School of Economics.
- Ghazala Azmat & Marc Möller, 2018. "The Distribution of Talent Across Contests," SciencePo Working papers Main hal-03263984, HAL.
- Ghazala Azmat & Marc Möller, 2016. "The Distribution of Talent across Contests," Working Papers 789, Queen Mary University of London, School of Economics and Finance.
- Ghazala Azmat & Marc Möller, 2012. "The distribution of talent across contests," Economics Working Papers 1298, Department of Economics and Business, Universitat Pompeu Fabra, revised May 2013.
- Ghazala Azmat & Marc Möller, 2018. "The Distribution of Talent Across Contests," Post-Print hal-03263984, HAL.
- Francis, Bill & Hasan, Iftekhar & Mani, Sureshbabu & Ye, Pengfei, 2016.
"Relative peer quality and firm performance,"
Journal of Financial Economics, Elsevier, vol. 122(1), pages 196-219.
- Francis, Bill & Hasan, Iftekhar & Mani, Sureshbabu & Ye, Pengfei, 2016. "Relative peer quality and firm performance," Research Discussion Papers 6/2016, Bank of Finland.
- Aikman, David & Nelson, Benjamin & Tanaka, Misa, 2015.
"Reputation, risk-taking, and macroprudential policy,"
Journal of Banking & Finance, Elsevier, vol. 50(C), pages 428-439.
- Aikman, David & Nelson, Benjamin & Tanaka, Misa, 2012. "Reputation, risk-taking and macroprudential policy," Bank of England working papers 462, Bank of England.
- Daniel P. Gross, 2020.
"Creativity Under Fire: The Effects of Competition on Creative Production,"
The Review of Economics and Statistics, MIT Press, vol. 102(3), pages 583-599, July.
- Daniel P. Gross, 2016. "Creativity Under Fire: The Effects of Competition on Creative Production," Harvard Business School Working Papers 16-109, Harvard Business School, revised Sep 2018.
- Daniel P. Gross, 2018. "Creativity Under Fire: The Effects of Competition on Creative Production," NBER Working Papers 25057, National Bureau of Economic Research, Inc.
- Tor Eriksson & Sabrina Teyssier & Marie‐Claire Villeval, 2009.
"Self‐Selection And The Efficiency Of Tournaments,"
Economic Inquiry, Western Economic Association International, vol. 47(3), pages 530-548, July.
- Tor Eriksson & Sabrina Teyssier & Marie Claire Villeval, 2006. "Self-selection and the Efficiency of Tournaments," Post-Print halshs-00175469, HAL.
- Tor Eriksson & Sabrina Teyssier & Marie-Claire Villeval, 2006. "Self-Selection and the Efficiency of Tournaments," Working Papers 0603, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
- Tor Eriksson & Sabrina Teyssier & Marie Claire Villeval, 2009. "Self-selection and the Efficiency of Tournaments," Post-Print halshs-00451600, HAL.
- Eriksson, Tor & Teyssier, Sabrina & Villeval, Marie Claire, 2006. "Self-Selection and the Efficiency of Tournaments," IZA Discussion Papers 1983, Institute of Labor Economics (IZA).
- Tor Eriksson & Sabrina Teyssier & Marie Claire Villeval, 2006. "Self-selection and the Efficiency of Tournaments," Post-Print halshs-00175480, HAL.
- Tor Eriksson & Sabrina Teyssier & Marie Claire Villeval, 2006. "Self-Selection and the Efficiency of Tournaments," Post-Print halshs-00175041, HAL.
- Bushman, Robert M. & Smith, Abbie J., 2001. "Financial accounting information and corporate governance," Journal of Accounting and Economics, Elsevier, vol. 32(1-3), pages 237-333, December.
- Chaigneau, Pierre & Edmans, Alex & Gottlieb, Daniel, 2018.
"Does improved information improve incentives?,"
Journal of Financial Economics, Elsevier, vol. 130(2), pages 291-307.
- Chaigneau, Pierre & Edmans, Alex & Gottlieb, Daniel, 2018. "Does improved information improve incentives?," LSE Research Online Documents on Economics 102227, London School of Economics and Political Science, LSE Library.
More about this item
JEL classification:
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
- C50 - Mathematical and Quantitative Methods - - Econometric Modeling - - - General
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ecm:wc2000:0163. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Christopher F. Baum (email available below). General contact details of provider: https://edirc.repec.org/data/essssea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.