Help and Factionalism in Politics and Organizations
2008/03/21
研討會日期 : 2008-03-21
時間 : 14:30
主講人 : William M. Chan
地點 : B棟110室
演講者簡介 : Professor William M. Chan為 Ph.D. in Economics, Chicago University（1991）。
目前為香港大學經濟及工商管理學院副教授。
其主要研究領域為Labour Economics及Applied Price Theory。
演講摘要 : Whether in electoral politics or promotions within organizations, players often face the dilemma of whether to enter the contest or to assist other candidates. This paper analyzes incentives in a rank-order tournament when the winner, apart from earning the “first prize,” also has control over a “second prize” that he can distribute to his supporters. Some players may then be encouraged to help others in exchange for paybacks, resulting in factionalism, with leaders, solo contestants and supporters of other candidates sorted by ability. The number and the size of factions depend on the structure of the contest, which can be manipulated to provide optimal incentives for effort coordination as required by political objectives or production technology
