Template-Type: ReDIF-Paper 1.0 Title: Are 18 holes enough for Tiger Woods? Author-Name: Oliver Gürtler Author-Email: oliver.guertler@uni-bonn.de Classification-JEL: D82,M51 Keywords: Promotion tournament, selection, heterogeneous employees, repetition Abstract: This paper addresses the selection problem in promotion tournaments. I consider a situation with heterogeneous employees and ask whether an employer might be interested in repeating a promotion tournament. On the one hand, this yields a reduction in uncertainty over the employees` abilities. On the other hand, there are costs if a workplace stays vacant. Note: Length: 13 Creation-Date: 2005-02 Revision-Date: File-URL: http://www.wiwi.uni-bonn.de/bgsepapers/bonedp/bgse5_2005.pdf File-Format: application/pdf Handle: RePEc:bon:bonedp:bgse5_2005