A COLLECTIVE TOURNAMENT

Authors
DRAGO R GARVEY GT TURNBULL GK
Citation
R. Drago et al., A COLLECTIVE TOURNAMENT, Economics letters, 50(2), 1996, pp. 223-227
Citations number
12
Categorie Soggetti
Economics
Journal title
Economics letters → ACNP
ISSN journal
01651765
Volume
50
Issue
2
Year of publication
1996
Pages
223 - 227
Database
ISI
SICI code
0165-1765(1996)50:2<223:ACT>2.0.ZU;2-E
Abstract
Traditional tournaments among workers yield suboptimal levels of helpi ng efforts, while collective incentives generate free-riding or lack i ncentive compatibility. We confront these problems using a tournament between workplaces. Under fairly restrictive conditions, the collectiv e tournament is first best and incentive compatible.