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Are 18 holes enough for Tiger Woods?

By Oliver Gürtler


This paper addresses the selection problem in promotion tournaments. I consider a situation with heterogeneous employees and ask whether an employer might be interested in repeating a promotion tournament. On the one hand, this yields a reduction in uncertainty over the employees` abilities. On the other hand, there are costs if a workplace stays vacant.Promotion tournament, selection, heterogeneous employees, repetition

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