Are 18 holes enough for Tiger Woods?

Gürtler, Oliver (May 2005): Are 18 holes enough for Tiger Woods? SFB/TR 15 Discussion Paper No. 44

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.

• Item Type: Paper
• Keywords: Promotion tournament, selection, heterogeneous employees, repetition
• Faculties: Special Research Fields > Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems; Special Research Fields > Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems > B4 - Die Gestaltung von Turnieren im Rahmen der Corporate Governance
• Subjects: 300 Social sciences > 330 Economics
• JEL Classification: D82, M51
• Language: English