Are winner-take-all (or winner-take-most) contests a good reward mechanism? Would you want to take part in them

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Are winner-take-all (or winner-take-most) contests a good reward mechanism? Would you want to take part in them at your workplace?

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The Economics Of Sports

ISBN: 9781138052161

6th Edition

Authors: Michael A. Leeds, Peter Von Allmen, Victor A. Matheson

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Question Posted: Mar 16, 2024 12:01 AM

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Are winner-take-all (or winner-take-most) contests a good reward mechanism? Would you want to take part in them

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Winnertakeall or winnertakemost contests can be effective in certain contexts but may not always be the best reward mechanism particularly in a workpl...View the full answer

The Economics Of Sports

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