Michael L Bognanno
Biographic Data
| ID | 1166682 |
|---|---|
| NAME | Michael L Bognanno |
| GIVEN NAMES | Michael L |
| FAMILY NAME | Bognanno |
| SIGNATURE | BOGNANNO M L |
| AFFILIATIONS | Cornell University |
| VERIFIED | No |
| TOTAL WORKS | 4 |
| TOTAL CITATIONS | 41 |
| AUTHOR COUNT | 4 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 1990 |
| LATEST PUBLICATION YEAR | 2015 |
| H-INDEX | 2 |
Promotions
The Winner's Curse
Acknowledgments1Introduction12Cooperation63The Ultimatum Game214Interindustry Wage Differentials365The Winner's Curse506The Endowment Effect, Loss Aversion, and Status Quo Bias637Preference Reversals798Intertemporal Choice929Savings, Fungibility, and Mental Accounts10710Pari-mutuel Betting Markets12211Calendar Effects in the Stock Market13912A Mean Reverting Walk Down Wall Street15113Closed-End Mutual Funds16814Foreign Exchange18215Epilogue197Ref…
Do Tournaments Have Incentive Effects
Much attention has been devoted to studying models of tournaments or situations in which an individual's payment depends only on his or her output or rank relative to that of other competitors. Under certain sets of assumptions, tournaments have desirable normative properties because of the incentive structures they provide. Our paper uses nonexperimental data to test whether tournaments actually elicit effort responses. We focus on professional …
The Incentive Effects of Tournaments Revisited
This analysis of data from the 1987 European Men's Professional Golf Association (PGA) Tour strongly supports the hypothesis that the level and structure of prizes in PGA tournaments influence players' performance. Specifically, players' performance appears to vary positively with both the total money prizes awarded in a tournament and the marginal return to effort in the final round of play (a value that varies among players largely depending on…
Do Tournaments Have Incentive Effects
Much attention has been devoted to studying models of tournaments or situations in which an individual's payment depends only on his or her output or rank relative to that of other competitors. Under certain sets of assumptions, tournaments have desirable normative properties because of the incentive structures they provide. Our paper uses nonexperimental data to test whether tournaments actually elicit effort responses. We focus on professional …
The Incentive Effects of Tournaments Revisited
This analysis of data from the 1987 European Men's Professional Golf Association (PGA) Tour strongly supports the hypothesis that the level and structure of prizes in PGA tournaments influence players' performance. Specifically, players' performance appears to vary positively with both the total money prizes awarded in a tournament and the marginal return to effort in the final round of play (a value that varies among players largely depending on…
Do Tournaments Have Incentive Effects
Much attention has been devoted to studying models of tournaments or situations in which an individual's payment depends only on his or her output or rank relative to that of other competitors. Under certain sets of assumptions, tournaments have desirable normative properties because of the incentive structures they provide. Our paper uses nonexperimental data to test whether tournaments actually elicit effort responses. We focus on professional …
The Incentive Effects of Tournaments Revisited
This analysis of data from the 1987 European Men's Professional Golf Association (PGA) Tour strongly supports the hypothesis that the level and structure of prizes in PGA tournaments influence players' performance. Specifically, players' performance appears to vary positively with both the total money prizes awarded in a tournament and the marginal return to effort in the final round of play (a value that varies among players largely depending on…
The Winner's Curse
Acknowledgments1Introduction12Cooperation63The Ultimatum Game214Interindustry Wage Differentials365The Winner's Curse506The Endowment Effect, Loss Aversion, and Status Quo Bias637Preference Reversals798Intertemporal Choice929Savings, Fungibility, and Mental Accounts10710Pari-mutuel Betting Markets12211Calendar Effects in the Stock Market13912A Mean Reverting Walk Down Wall Street15113Closed-End Mutual Funds16814Foreign Exchange18215Epilogue197Ref…
Promotions
Economics (4 works) · Experimental Behavioral Economics Studies (3 works) · Business (2 works) · Financial Markets and Investment Strategies (2 works) · Incentive (2 works) · Mathematics (2 works) · Microeconomics (2 works) · Political science (2 works) · Positive economics (2 works) · Psychology (2 works)