Head starts in dynamic tournaments?

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dc.contributor.author Denter, Philipp
dc.contributor.author Sisak, Dana
dc.date.accessioned 2017-09-04T11:53:35Z
dc.date.available 2018-12-01T23:00:07Z
dc.date.issued 2016-12-01
dc.identifier.bibliographicCitation Denter, P., Sisak, D. (2016). Head starts in dynamic tournaments?. Economics Letters, v. 149, pp. 94-97.
dc.identifier.issn 0165-1765
dc.identifier.uri http://hdl.handle.net/10016/25163
dc.description.abstract In promotion contests or other tournament-like situations, a principal may attach some value to the highest effort expended by an agent. We show that whenever agents interact over multiple periods, awarding a head start to one of them is optimal even with completely symmetric agents. Awarding a small head start increases maximum individual effort without decreasing aggregate effort. (C) 2016 Elsevier B.V. All rights reserved.
dc.description.sponsorship Philipp Denter gratefully acknowledges the support from the Ministerio Economia y Competitividad (Spain) through grants ECO2014-55953-P and MDM 2014-0431.
dc.format.mimetype application/pdf
dc.language.iso eng
dc.publisher Elsevier
dc.rights © Elsevier
dc.rights Atribución-NoComercial-SinDerivadas 3.0 España
dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.subject.other Personnel economics
dc.subject.other Contests; tournaments
dc.subject.other Head start
dc.subject.other Asymmetric contests
dc.title Head starts in dynamic tournaments?
dc.type article
dc.subject.jel D72
dc.subject.jel D82
dc.subject.jel L12
dc.subject.eciencia Economía
dc.identifier.doi https://doi.org/10.1016/j.econlet.2016.10.008
dc.rights.accessRights openAccess
dc.relation.projectID Gobierno de España. ECO2014-55953-P
dc.relation.projectID Gobierno de España. MDM 2014-0431
dc.type.version acceptedVersion
dc.identifier.publicationfirstpage 94
dc.identifier.publicationlastpage 97
dc.identifier.publicationtitle Economics letters
dc.identifier.publicationvolume 149
dc.identifier.uxxi AR/0000018589
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