The DOI matches its Crossref record; 17 of the 17 references it cites were found in a registry or an index.
The Incentive Effects of Tournaments Revisited: Evidence from the European PGA Tour
Abstract
This analysis of data from the 1987 European Men's Professional Golf Association (PGA) Tour strongly supports the hypothesis that the level and structure of prizes in PGA tournaments influence players' performance. Specifically, players' performance appears to vary positively with both the total money prizes awarded in a tournament and the marginal return to effort in the final round of play (a value that varies among players largely depending on how the prize money is allocated among finishers of different ranks). The authors suggest that these results, together with the similar results of their earlier study of the 1984 U.S. Men's PGA Tour, may have implications for the design of compensation systems for certain groups of workers, such as corporate executives, college professors, and salespeople.
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Cites
Sample Selection Bias as a Specification Error
Heckman, J. J. (1979) · Econometrica · doi:10.2307/1912352 · Cited by 28,779
Specification Tests in Econometrics
Hausman, J. A. (1978) · Econometrica · doi:10.2307/1913827 · Cited by 18,820
(2013) · American Economic Review · doi:10.1257/aer.103.6.i · Cited by 7,220
Rank-Order Tournaments as Optimum Labor Contracts
Lazear, E. P., & Rosen, S. (1981) · Journal of Political Economy · doi:10.1086/261010 · Cited by 4,560
Rank-Order Tournaments as Optimum Labor Contracts
Lazear, E., & Rosen, S. (1979) · National Bureau of Economic Research · doi:10.3386/w0401 · Cited by 3,033
Pay Equality and Industrial Politics
Lazear, E. P. (1989) · Journal of Political Economy · doi:10.1086/261616 · Cited by 1,201
Prizes and Incentives in Elimination Tournaments
Rosen, S. (1985) · National Bureau of Economic Research · doi:10.3386/w1668 · Cited by 1,088
A Comparison of Tournaments and Contracts
Green, J. R., & Stokey, N. L. (1983) · Journal of Political Economy · doi:10.1086/261153 · Cited by 983
Prices and Incentives: Towards a General Theory of Compensation and Competition
Stiglitz, J. E., & Nalebuff, B. (1983) · The Bell Journal of Economics and Management Science · doi:10.7916/d87h1v6s · Cited by 975
CEO Compensation as Tournament and Social Comparison: A Tale of Two Theories
III, C. A. O., Main, B. G., & Crystal, G. S. (1988) · Administrative Science Quarterly · doi:10.2307/2393058 · Cited by 695
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
Risk Taking by Mutual Funds as a Response to Incentives
Chevalier, J., & Ellison, G. (1997) · Journal of Political Economy · doi:10.1086/516389 · Cited by 2,290
The Economic Design of Sporting Contests
Szymanski, S. (2010) · The Comparative Economics of Sport · doi:10.1057/9780230274273_1 · Cited by 676
The Sports Business as a Labor Market Laboratory
Kahn, L. M. (2000) · Journal of Economic Perspectives · doi:10.1257/jep.14.3.75 · Cited by 527
Siegel, P. A., & Hambrick, D. C. (2005) · Organization Science · doi:10.1287/orsc.1050.0128 · Cited by 465
Metadata
- Authors
- Ehrenberg, R. G., & Bognanno, M. L.
- Venue
- ILR Review
- Publisher
- SAGE Publications
- Published
- 1990-04
- Volume
- 43
- Issue
- 3
- Pages
- 74-S-88-S
- ISSN
- 0019-7939 (ISSN-L)
- 2162-271X
- OpenAlex
- W2027384339
- Cited by
- 302
- References
- 17
- FWCI
- 10.10
- Type
- journal article
- Language
- en
- Open access
- closed
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- Ehrenberg, R. G., & Bognanno, M. L. (1990). The Incentive Effects of Tournaments Revisited: Evidence from the European PGA Tour. ILR Review. https://doi.org/10.1177/001979399004300305
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