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
