The DOI matches its Crossref record.
Executive Compensation and Tournament Theory: Empirical Tests on Danish Data
Open accessAbstract
This article adds to the empirical literature on tournament theory as a theory of executive compensation. I test several propositions of tournament models on a rich data set containing information about 2,600 executives in 210 Danish firms during a 4‐year period. I ask, Are pay differentials between job levels consistent with relative compensation? Is pay dispersion between levels higher in noisy environments? Is the dispersion affected by the number of tournament participants? Is average pay lower in firms with more compressed pay structures? Does wider pay dispersion enhance firm performance? Most of the predictions gain support in the data.
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cited by
The Provision of Incentives in Firms
Prendergast, C. (1999) · Journal of Economic Literature · doi:10.1257/jel.37.1.7 · Cited by 3,338
Incentives and Problem Uncertainty in Innovation Contests: An Empirical Analysis
Boudreau, K. J., Lacetera, N., & Lakhani, K. R. (2011) · Management Science · doi:10.1287/mnsc.1110.1322 · Cited by 830
A survey of experimental research on contests, all-pay auctions and tournaments
Dechenaux, E., Kovenock, D., & Sheremeta, R. M. (2015) · Experimental Economics · doi:10.1007/s10683-014-9421-0 · Cited by 706
Personnel Economics: The Economist's View of Human Resources
Lazear, E. P., & Shaw, K. L. (2007) · Journal of Economic Perspectives · doi:10.1257/jep.21.4.91 · Cited by 470
Tournament Theory: Thirty Years of Contests and Competitions
Connelly, B. L., Tihanyi, L., Crook, T. R., & Gangloff, K. A. (2014) · Journal of Management · doi:10.1177/0149206313498902 · Cited by 338
Metadata
- Authors
- Eriksson, T.
- Venue
- Journal of Labor Economics
- Publisher
- University of Chicago Press
- Published
- 1999-04
- Volume
- 17
- Issue
- 2
- Pages
- 262-280
- ISSN
- 0734-306X (ISSN-L)
- 1537-5307
- OpenAlex
- W2096482578
- Cited by
- 497
- References
- 0
- FWCI
- 69.66
- Type
- journal article
- Language
- en
- Open access
- gold
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: Executive Compensation and Tournament Theory: Empirical Tests on Danish Data. https://app.cochat.ai/papers/10.1086/209920
- The paper
- Eriksson, T. (1999). Executive Compensation and Tournament Theory: Empirical Tests on Danish Data. Journal of Labor Economics. https://doi.org/10.1086/209920
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.