U-type versus J-type tournaments

被引：7
|
作者：
Kräkel, M [1 ]
机构：
[1] Univ Bonn, Dept Econ, D-53113 Bonn, Germany
来源：
JOURNAL OF INSTITUTIONAL AND THEORETICAL ECONOMICS-ZEITSCHRIFT FUR DIE GESAMTE STAATSWISSENSCHAFT | 2002年 / 158卷 / 04期
关键词：
D O I：
10.1628/0932456022975187
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
In practice, two types of tournaments can be distinguished - U-type and J-type tournaments. In U-type tournaments, workers receive prizes that have been fixed in advance. In J-type tournaments, the employer fixes an aggregate wage bill in advance, which is then shared among the workers according to their relative performance. The results of the paper show that the outcomes of the two tournament types differ substantially. In particular, an employer will prefer J-type to U-type tournaments if the number of workers is large, but the opposite if it is small.
引用
收藏
页码：614 / 637
页数：24
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