ČELLÁROVÁ, Katarína a Rostislav STANĚK. Contest and resource allocation: An experimental analysis of entitlement and self-selection effects. EUROPEAN JOURNAL OF POLITICAL ECONOMY. NEW YORK: ELSEVIER SCIENCE INC, 2024, roč. 82, č. 102526. ISSN 0176-2680. Dostupné z: https://dx.doi.org/10.1016/j.ejpoleco.2024.102526.
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Základní údaje
Originální název Contest and resource allocation: An experimental analysis of entitlement and self-selection effects
Autoři ČELLÁROVÁ, Katarína a Rostislav STANĚK.
Vydání EUROPEAN JOURNAL OF POLITICAL ECONOMY, NEW YORK, ELSEVIER SCIENCE INC, 2024, 0176-2680.
Další údaje
Originální jazyk angličtina
Typ výsledku Článek v odborném periodiku
Stát vydavatele Nizozemské království
Utajení není předmětem státního či obchodního tajemství
Impakt faktor Impact factor: 2.000 v roce 2022
Organizační jednotka Ekonomicko-správní fakulta
Doi http://dx.doi.org/10.1016/j.ejpoleco.2024.102526
Klíčová slova anglicky Entitlement effect; Self-selection; Contest; Experiment
Příznaky Mezinárodní význam, Recenzováno
Změnil Změnil: doc. Ing. Rostislav Staněk, Ph.D., učo 75243. Změněno: 3. 4. 2024 18:22.
Anotace
Leaders who decide the allocation of resources are often chosen through contests. Due to imperfect monitoring, they often decide to allocate resources to themselves at the expense of others. This paper investigates how being selected in a contest affects such allocation through two channels: entitlement and self-selection effects. In our experiment, two players compete for the right to allocate resources between themself and a third, uninvolved player. We identify the entitlement effects by comparing the choices of participants who participated in the contest with those who were chosen randomly. Self-selection effect is identified by comparing the choices of winners and losers between treatments via a difference-in-difference approach. We find a significant effect of entitlement; people participating in the contest transfer fewer resources to the third player compared to those who did not participate. Further, we find no evidence that the people with specific distributional preferences self-select into the leaders’ role. Our findings suggest that the primary reason leaders allocate resources to themselves is their involvement in the contest rather than being a result of self-selection.
Návaznosti
GA21-25331S, projekt VaVNázev: Konflikty jako nedorozumění: tři experimentální studie
Investor: Grantová agentura ČR, Konflikty jako nedorozumění: tři experimentální studie
VytisknoutZobrazeno: 1. 5. 2024 22:24