Positive Self-Image in Tournaments

Détails

ID Serval
serval:BIB_0EA3AEC02DFC
Type
Article: article d'un périodique ou d'un magazine.
Collection
Publications
Institution
Titre
Positive Self-Image in Tournaments
Périodique
International Economic Review
Auteur(s)
Santos Pinto L.
ISSN
0020-6598
Statut éditorial
Publié
Date de publication
05/2010
Peer-reviewed
Oui
Volume
51
Numéro
2
Pages
475-496
Langue
anglais
Résumé
This article analyzes the implications of worker overestimation of productivity for firms in which incentives take the form of tournaments. Each worker overestimates his productivity but is aware of the bias in his opponent's self-assessment. The manager of the firm, on the other hand, correctly assesses workers' productivities and self-beliefs when setting tournament prizes. The article shows that, under a variety of circumstances, firms can benefit from worker positive self-image. The article also shows that worker positive self-image can improve welfare in tournaments. In contrast, workers' utility declines due to their own misguided choices.
Web of science
Création de la notice
20/07/2010 11:59
Dernière modification de la notice
20/08/2019 13:35
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