Title Job competition, employability and incentives for human capital formation
Authors CRISTOBAL CAMPOAMOR , ADOLFO, CRISTOBAL CAMPOAMOR , ADOLFO
External publication No
Means Econ. Bull.
Scope Article
Nature Científica
SJR Quartile 3
SJR Impact 0.19200
Area International
Web https://www.scopus.com/inward/record.uri?eid=2-s2.0-84924853060&partnerID=40&md5=2e28100f762d5b6947c8316d104e037e
Publication date 01/01/2015
ISI 000360196300059
Scopus Id 2-s2.0-84924853060
Abstract This note describes the effects on human capital formation of rank-order tournaments offering identical prizes to a given number of the ranked contestants. This compensation scheme is thought to resemble the selection processes in different areas of the public administration, particularly in Southern European countries. In the presence of contestants with identical ability, the incentives for educational effort are highest when the variance of fi nal returns is maximized.
Universidad Loyola members