TY  - UNPD
A1  - Hett, Florian
A1  - Schmidt, Felix
T1  - Pushing through or slacking off? Heterogeneity in the reaction to rank feedback
T2  - SAFE working paper series ; No. 203
N2  - his paper studies heterogeneity in the reaction to rank feedback. In a laboratory experiment, individuals take part in a series of dynamic real-effort contests with intermediate feedback. To solve the identification problem in estimating the causal effect of rank feedback on subsequent effort provision we implement a random multiplier in the first round of each contest. The realization of this multiplier then serves as a valid instrument for rank feedback. While rank feedback has a robust effect on subsequent effort provision on average, an explicit analysis of between-subject heterogeneity reveals that a substantial fraction of participants in fact react entirely opposite than the aggregated results indicate. We further show that this heterogeneity has consequences for overall outcomes, thereby arguing that heterogeneous sensitivities to rank feedback could have implications for the design of various policies in education and organizations.
T3  - SAFE working paper - 203 
KW  - heterogeneity
KW  - competitiveness
KW  - contest
KW  - rank feedback
KW  - relative performance evaluation
Y1  - 2018
UR  - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/46669
UR  - https://nbn-resolving.org/urn:nbn:de:hebis:30:3-466694
UR  - https://ssrn.com/abstract=3163498
IS  - March 30, 2018
PB  - SAFE
CY  - Frankfurt am Main
ER  -