Abstract
This paper addresses the selection problem in promotion tournaments. I consider a situation with heterogeneous employees and ask whether an employer might be interested in repeating a promotion tournament. On the one hand, this yields a reduction in uncertainty over the employees’ abilities. On the other hand, there are costs if a workplace stays vacant.
Dokumententyp: | Paper |
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Keywords: | Promotion tournament, selection, heterogeneous employees, repetition |
Fakultät: | Sonderforschungsbereiche > Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems
Sonderforschungsbereiche > Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems > B4 - Die Gestaltung von Turnieren im Rahmen der Corporate Governance |
Themengebiete: | 300 Sozialwissenschaften > 330 Wirtschaft |
JEL Classification: | D82, M51 |
URN: | urn:nbn:de:bvb:19-epub-13504-9 |
Sprache: | Englisch |
Dokumenten ID: | 13504 |
Datum der Veröffentlichung auf Open Access LMU: | 10. Jul. 2012, 13:11 |
Letzte Änderungen: | 04. Nov. 2020, 12:53 |