Rank-Order Tournaments as Optimum Labor Contracts

Lazear, E. P., & Rosen, S. (1981). Rank-Order Tournaments as Optimum Labor Contracts. Journal of Political Economy, 89(5), 841-864.

Type

Journal article

Intellectual base

Primary research

Year

1981

DOI

10.1086/261010

Link

https://doi.org/10.1086/261010

Cited from

economics_finance

Cited by

1 citation across 1 artifact.

Primes

• Winner Take All Market
  • Make this concrete with a rank-order prize schedule where the top prize is worth, say, 0.6 of the total purse, second 0.2, third 0.1, and the long tail splits the remaining 0.1.

Verification

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Registry ID ref:5cd74e6890f8 · see in the full table