Publications

Minimum Wages and Excessive Effort Supply

Technology Adoption under Hidden Information

Rent Seeking, Employment Security and Works Councils: Theory and Evidence for Germany

On the Choice of Risk and Effort in Tournaments - Experimental Evidence

Promotion Tournaments and Individual Performance Pay

Risk-Taking in Tournaments -Theory and Experimental Evidence

Hostile takeover and costly merger control

Double-Sided Moral Hazard, Efficiency Wages and Litigation

Variance analysis and linear contracts in agencies with

The Effect of Reputation on Selling Prices in Auctions

On the Inefficiency of Merger Control

The Effect of Reputation on Selling Prices in Auctions

Information in tournaments under limited liability

On Sabotage in Collective Tournaments

Preemption in Rank-Order Tournaments

with Peter-Jürgen Jost

Emotions and the Optimality of Uneven Tournaments

Should You Allow Your Employee to Become Your Competitor? - On Non-Compete Agreements in Employment Contracts

with Dirk Sliwka

On the Adverse Selection of Technologies

Doping and Cheating in Contest-Like Situations

Keywords: cheating, contest, doping, fraud in research, tournament
JEL classification: J3, K42, M5

Sabotage in Corporate Contests - An Experimental Analysis

Keywords: Bullying; Contest; Experiments; Sabotage; Tournament
JEL classification: C91, J33, J41, C72

Human Capital Investments in Asymmetric Corporate Tournaments

Sabotage in Corporate Contests - An Experimental Analysis

Tournaments versus Piece Rates under Limited Liability

Emotions and Compensation

Performance Measurement Technologies and the Trade-off of Risk and Incentives

On Delegation under Relational Contracts

Distorted Performance Measurement and Relational Contracts

Optimal Risk Taking in an Uneven Tournament Game with Risk Averse Players

Preemptive Behavior in Sequential-Move Tournaments with Heterogeneous Agents

Keywords: preemption, tournaments
JEL classification: J3, M12, M5

Collective contests with externalities: corrigendum

An Empirical Study on Risk Taking in Tournaments

Interindustry Wage Differentials and Industry-Wide Exit Rates of Firms

Keywords: wages, wage differentials, firm exit
JEL classification: J3, J31

Are 18 holes enough for Tiger Woods?

Keywords: Promotion tournament, selection, heterogeneous employees, repetition
JEL classification: D82, M51

A Collective Tournament Under (un)limited Liability

Keywords: Collective tournament, free-rider problem, liability, Nash bargaining
JEL classification: D2, J3, M5

Risk Taking in Asymmetric Tournaments

Keywords: effort effect, likelihood effect, risk taking, tournament
JEL classification: D23, J3, M12

A rationale for the coexistence of central and decentral marketing in team sports

Keywords: central marketing, decentral marketing, collective tournament, complementarity
JEL classification: D2, L1, L8, M5

Helping and Sabotaging in Tournaments

Keywords: cost effect; likelihood effect; tournament
JEL classification: J31, J33, M5

International Journal of the Economics of Business, Volume: 12, 2005, Pp 193-209

Keywords: competition, incentives, knowledge transfer, limited liability, organizations
JEL classification: J3, M5

Envy and Compassion in Tournaments

Journal of Economics and Management Strategy, Volume: 14, 2005, Pp 187-207

Strategic Delegation and Mergers in Oligopolistic Contests

Keywords: contests, merger, strategic delegation
JEL classification: L1, M2

Splitting Leagues

Keywords: collusion, leagues, promotion, relegation, tournaments
JEL classification: J3, J4, M5

A Note on Revenue Sharing in Sports Leagues

Keywords: broadcasting revenues, equal sharing, sports leagues, revenue sharing, winner-take-all scheme

Zur Reform der Professorenbesoldung in Deutschland

Keywords: Besoldung, Turnier
JEL classification: J3, M5

Strategic Delegation in Oligopolistic Tournaments

Keywords: managerial incentives, oligopoly, strategic delegation, tournaments
JEL classification: L1, M2

Managerial versus Entrepreneurial Firms: The Benefits of Separating Ownership and Control

Keywords: agency theory, contests, strategic delegation, takeovers
JEL classification: L1, M2

Simultaneous- versus Sequential-Move Tournaments with Heterogeneous Agents

Keywords: endogenous ordering of moves, heterogeneous agents, rank-order tournaments
JEL classification: J3, M12, M52

The Wage Policy of Firms - Comparative Evidence for the U.S. and Germany from Personnel Records

Turniere in Unternehmen als Leistungsanreiz

R&D Spillovers and Strategic Delegation in Oligopolistic Contests

Keywords: Contests, spillovers, strategic delegation
JEL classification: L1, M2

Oekonomische Analyse der Professorenbesoldungsreform in Deutschland

Keywords: Bullying; Contest; Experiments; Sabotage; Tournament
JEL classification: C91, J33, J41, C72
together with A1

Tournaments versus Piece Rates under Limited Liability

Keywords: incentives, piece rates, rank-order tournaments
JEL classification: J31, J33, M5
together with A1

Tournaments versus Piece Rates under Limited Liability

Keywords: incentives, piece rates, rank-order tournaments
JEL classification: J31, J33, M5

Emotions in Tournaments

Keywords: contest design, emotions, tournaments, unfair contests
JEL classification: J3, M5