Delfgaauw, Josse; Dur, Robert; Non, Arjan; Verbeke, Willem - Institute for the Study of Labor (IZA) - 2012
theory, we find that a more convex prize spread increases performance in the second round at the expense of first …-round performance, although the magnitude of these effects is small. Moreover, the treatment effect is significantly larger for stores … that historically have relatively stable performance as compared to stores with more noisy performance. …