Logo
DeutschClear Cookie - decide language by browser settings
Gürtler, Oliver (May 2006): Job Promotion Tournaments and Imperfect Recall. SFB/TR 15 Discussion Paper No. 112
[img]
Preview

PDF

824kB

Abstract

In this paper, a promotion tournament is considered, where, at the beginning of the tournament, it is unknown how long the tournament lasts. Further, the promotion decision is based on the assessments of a supervisor with imperfect recall. In line with psychological research, the supervisor is assumed to either value early or recent impressions more strongly. It is shown that effort may increase or decrease, as the probability of promotion in a certain period gets higher. The single effects determining the sign of the effort change oftentimes depend on how the supervisor processes information.