Does Workplace Competition Increase Labor Supply?
Author | : Amalia R. Miller |
Publisher | : |
Total Pages | : 0 |
Release | : 2019 |
ISBN-10 | : OCLC:1112370227 |
ISBN-13 | : |
Rating | : 4/5 (27 Downloads) |
Download or read book Does Workplace Competition Increase Labor Supply? written by Amalia R. Miller and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper develops a novel field experiment to test the implicit prediction of tournament theory that competition increases work time and can therefore contribute to the long work hours required in elite occupations. A majority of workers in the treatment without explicit financial incentives worked past the minimum time, but awarding a tournament prize increased work time and effort by over 80% and lowered costs of effort or output by over a third. Effort was similar with alternative (piece rate, low-prize tournament) bonuses. Men worked longer than women in the high-prize tournament, but for the same duration in other treatments.