Tournament theory

id: tournament-theory-311-4525914
title: Tournament theory
text: Tournament theory is the theory in personnel economics used to describe certain situations where wage differences are based not on marginal productivity but instead upon relative differences between the individuals. This theory was invented by economists Edward Lazear and Sherwin Rosen. The theory has been applied to professional sports and to the practice of law. Tournament theory also was applied to writing - one writer may be fractionally better at writing than another, but because people all
brand slug: wiki
category slug: encyclopedia
description: Theory in economics used to describe reasons for wage differences
original url: https://en.wikipedia.org/wiki/Tournament_theory
date created:
date modified: 2024-01-05T10:12:33Z
main entity: {"identifier":"Q7829329","url":"https://www.wikidata.org/entity/Q7829329"}
image:
fields total: 13
integrity: 14

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