First-place loving and last-place loathing: how rank in the distribution of performance affects effort provision
Rank-order relative-performance evaluation, in which pay, promotion and symbolic awards depend on the rank of workers in the distribution of performance, is ubiquitous. Whenever firms use rank-order relative-performance evaluation, workers receive feedback about their rank. Using a real-effort exper...
| Main Authors: | , , , |
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| Format: | Working paper |
| Published: |
University of Oxford
2016
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