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文章基本信息

  • 标题:Monitoring in Tournaments
  • 本地全文:下载
  • 作者:Jaesoo Kim ; Jongwoo Park
  • 期刊名称:Economics Bulletin
  • 电子版ISSN:1545-2921
  • 出版年度:2014
  • 卷号:34
  • 期号:3
  • 出版社:Economics Bulletin
  • 摘要:We show that less monitoring can increase effort and alleviate the moral hazard problem in tournaments. We also find a unique optimal level of monitoring based on contestants' abilities. As the difference between their abilities gets larger, the contest designer should monitor less.
  • 关键词:tournament ; moral hazard ; monitoring
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