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Deterrence in Rank-Order Tournaments
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Philip A. Curry
and Steeve Mongrain
Published/Copyright:
December 30, 2009
In a tournament competitors may cheat to gain an advantage. This paper considers the problem of deterrence and finds that tournaments reflect special circumstances that are not present in a traditional model of law enforcement. The traditional model considers sanctions and monitoring as the instruments of deterrence. In a tournament the prize structure plays a critical role in determining both the costs and benefits to cheating. We consider ways in which the prize structure can be manipulated in order to reduce monitoring costs.
Published Online: 2009-12-30
©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston
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Articles in the same Issue
- Article
- Macroeconomic Instability and Corporate Failure: The Role of the Legal System
- Prevention of Crime and the Optimal Standard of Proof in Criminal Law
- Does a Rise in Maximal Fines Increase or Decrease the Optimal Level of Deterrence?
- Benchmarks and Economic Analysis
- Pass a Law, Any Law, Fast! State Legislative Responses to the Kelo Backlash
- The Problem of Shared Social Cost
- A Cost of Tax Planning
- Never Two Without Three: Commons, Anticommons and Semicommons
- Unavoidable Accident
- Protecting Private Property with Constitutional Judicial Review: A Social Welfare Approach
- Measuring Criminal Spillovers: Evidence from Three Strikes
- Corruption on the Court: The Causes and Social Consequences of Point-Shaving in NCAA Basketball
- Valuation of Quality of Life Losses Associated with Nonfatal Injury: Insights from Jury Verdict Data
- Belief in a Just World, Blaming the Victim, and Hate Crime Statutes
- Do Citizens Know Whether Their State Has Decriminalized Marijuana? Assessing the Perceptual Component of Deterrence Theory
- The Structure of Incremental Liability Rules
- Firms' Motivations for Environmental Overcompliance
- Contingent Fees, Signaling and Settlement Authority
- Rethinking the Economic Model of Deterrence: How Insights from Empirical Social Science Could Affect Policies Towards Crime and Punishment
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- Additive and Non-Additive Risk Factors in Multiple Causation
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- The Choice in the Lawmaking Process: Legal Transplants vs. Indigenous Law
- Building Encroachments
- Reporter's Privilege and Incentives to Leak
- Decision Analysis on Whether to Accept a Remittitur
- Deterrence in Rank-Order Tournaments
- Self-Defeating Subsidiarity
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