Eliciting performance: deterministic versus proportional prizes

DOI10.1007/S00182-015-0503-9MaRDI QIDQ267092zbMATH OpenOpenAlexFDO

Authors Pradeep Dubey, Siddhartha Sahi

Publication date 8 April 2016

Published in International Journal of Game Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s00182-015-0503-9

zbMATH Keywords

complete and incomplete informationcontestantindividually rational strategiesNash equilibriumprincipalproportional and deterministic prizes

Mathematics Subject Classification ID

Noncooperative games (91A10) Rationality and learning in game theory (91A26) Auctions, bargaining, bidding and selling, and other market models (91B26)

Recommendations

• Relative performance compensation, contests, and dynamic incentives
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• Efficiency of the rank-order incentive systems

Cites work

• Competitive prizes: when less scrutiny induces more effort
• Coordination in Split Award Auctions
• Credit-Worthiness Tests and Interbank Competition
• Grading exams: 100,99,98,\(\dots \) or \(A,B,C\)?
• Optimal scrutiny in multi-period promotion tournaments.

Cited in

(10)

• Paying for performance and motivation crowding out
• Managing the reputation of an award to motivate performance
• Does a short-term increase in incentives boost performance?
• Tournaments and piece rates revisited: a theoretical and experimental study of output-dependent prize tournaments
• ENHANCING EFFORT SUPPLY WITH PRIZE‐AUGMENTING ENTRY FEES: THEORY AND EXPERIMENTS
• Competitive problem solving and the optimal prize schemes
• When will the Range of Prizes in Tournaments Increase in the Noise or in the Number of Players?
• Award scheme in productivity-based contests
• Optimal incentives and the time dimension of performance measurement
• The design of reward structures in career games: a relative deprivation approach

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