Template-Type: ReDIF-Paper 1.0
Title: U-type versus J-type tournaments 
Author-Name: Matthias Kräkel
Author-Email: 
Classification-JEL: J3, M1 
Keywords: collusion, human capital, relative deprivation, tournaments 
Abstract: In practice, two types of tournaments can be distinguished - U-type and J-type tournaments. In U-type tournaments, workers receive prizes that have been fixed in advance. In 
	J-type tournaments, the employer fixes an aggregate wage bill in advance, which is then shared among the workers according to their relative performance. The results of the paper show 
	that the outcomes of the two tournament types substantially differ. Especially, an employer will prefer J-type to U-type tournaments if the number of workers is large, whereas 
	the opposite holds for small numbers of workers. 
Note: 
Length: 60
Creation-Date: 2001-11	
Revision-Date: 
File-URL: http://www.wiwi.uni-bonn.de/bgsepapers/bonedp/bgse34_2001.pdf
File-Format: application/pdf
Handle: RePEc:bon:bonedp:bgse34_2001