The Efficacy of Tournaments for Non-Routine Team Tasks
Florian Englmaier,
Stefan Grimm,
Dominik Grothe,
David Schindler and
Simeon Schudy
No 16360, CEPR Discussion Papers from C.E.P.R. Discussion Papers
Abstract:
Tournaments are often used to improve performance in innovation contexts. Tournaments provide monetary incentives but also render teams' identity and social-image concerns salient. We study the effects of tournaments on team performance in a non-routine task and identify the importance of these behavioral aspects. In a natural field experiment (n > 1,700 participants), we vary the salience of team identity, social-image concerns, and whether teams face monetary incentives. Increased salience of team identity does not improve performance. Social-image motivates mainly the top-performing teams. Additional monetary incentives improve all teams' outcomes without crowding out teams' willingness to explore or perform similar tasks again.
Keywords: Team work; Tournaments; Rankings; Incentives; Identity; Image concerns; Innovation; Exploration; Natural field experiment (search for similar items in EconPapers)
JEL-codes: C93 D90 J24 J33 M52 (search for similar items in EconPapers)
Date: 2021-07
References: Add references at CitEc
Citations:
Downloads: (external link)
https://cepr.org/publications/DP16360 (application/pdf)
CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at subscribers@cepr.org
Related works:
Journal Article: The Efficacy of Tournaments for Nonroutine Team Tasks (2024) 
Working Paper: The Efficacy of Tournaments for Non-Routine Team Tasks (2023) 
Working Paper: The Efficacy of Tournaments for Non-Routine Team Tasks (2021) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:cpr:ceprdp:16360
Ordering information: This working paper can be ordered from
https://cepr.org/publications/DP16360
Access Statistics for this paper
More papers in CEPR Discussion Papers from C.E.P.R. Discussion Papers Centre for Economic Policy Research, 33 Great Sutton Street, London EC1V 0DX.
Bibliographic data for series maintained by ().