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Rheinische Friedrich-Wilhelms-Universität Bonn >
Bonn Graduate School of Economics (BGSE), Universität Bonn >
Bonn Econ Discussion Papers, Bonn Graduate School of Economics (BGSE), Universität Bonn >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/22834
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Kräkel, Matthias | | en_US |
| dc.date.accessioned | | 2009-01-29T15:10:12Z | | - |
| dc.date.available | | 2009-01-29T15:10:12Z | | - |
| dc.date.issued | | 2003 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/22834 | | - |
| dc.description.abstract | | Splitting leagues or tournaments seems to be puzzling when agents are homogeneous and splitting leads to a negative competition effect. However, it can be shown that the principal can nevertheless benefit from splitting. First, splitting can be used as a divide-and-rule strategy by the principal to create additional incentives when collusion among the agents is possible. Second, splitting leagues gives the principal the opportunity to introduce promotions and relegations between nested tournaments (i.e., tournaments that are intertemporally linked), which also enhances incentives. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | | | en_US |
| dc.relation.ispartofseries | | Bonn econ discussion papers 2003,6 | | en_US |
| dc.subject.jel | | M5 | | en_US |
| dc.subject.jel | | J4 | | en_US |
| dc.subject.jel | | J3 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | collusion | | en_US |
| dc.subject.keyword | | leagues | | en_US |
| dc.subject.keyword | | promotion | | en_US |
| dc.subject.keyword | | relegation | | en_US |
| dc.subject.keyword | | tournaments | | en_US |
| dc.subject.stw | | Agency Theory | | en_US |
| dc.subject.stw | | Wettbewerb | | en_US |
| dc.subject.stw | | Theorie | | en_US |
| dc.subject.stw | | tournaments | | en_US |
| dc.title | | Splitting Leagues | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 374460051 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| Appears in Collections: | | Bonn Econ Discussion Papers, Bonn Graduate School of Economics (BGSE), Universität Bonn
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