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pro vyhledávání: '"Kosmas Marinakis"'
Autor:
Kosmas Marinakis, Theofanis Tsoulouhas
Publikováno v:
International Journal of Industrial Organization. 31:223-237
A highly acclaimed result is that tournaments are superior to piece rates when the agents are risk averse and their production activities are subject to a relatively large common shock. The reason is that tournaments allow the principal to trade insu
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::b04ecb3ef860eb311c4c0ed733f1c790
https://doi.org/10.1016/j.ijindorg.2012.11.007
https://doi.org/10.1016/j.ijindorg.2012.11.007
Autor:
Kosmas Marinakis, Theofanis Tsoulouhas
Publikováno v:
Journal of Economics. 105:161-190
A celebrated result in the theory of tournaments is that relative performance evaluation (tournaments) is a superior compensation method to absolute performance evaluation (piece rate contracts) when the agents are risk-averse, the principal is risk-
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::1927c9b6a28cbe80c8bd755285a15000
https://doi.org/10.1007/s00712-011-0222-z
https://doi.org/10.1007/s00712-011-0222-z
Autor:
Theofanis Tsoulouhas, Kosmas Marinakis
Publikováno v:
Economics Bulletin. 4(41):1-9
This paper compares relative performance evaluation via tournaments to absolute performance evaluation via piece rates when agents are heterogeneous ex post, to make the point that agent heterogeneity compromises the insurance function of tournaments
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::80a4c814f720ad35e47fb12c19db34bf
http://www.accessecon.com/pubs/EB/2007/Volume4/EB-07D80009A.pdf
http://www.accessecon.com/pubs/EB/2007/Volume4/EB-07D80009A.pdf