Lazear’s Stochastic Interpretation of the Peter Principle: An Empirical Examination Based on NBA-Data
Dilger, Alexander
Zusammenfassung
The Peter Principle says that people are promoted to their level of incompetence. There are several possible explanations for this. Lazear (2004) puts forward a stochastic interpretation of the Peter Principle, which states that promoted individuals might have had some luck that contributed to their promotions and disappears afterwards on the average. This explanation of falling productivity after promotions is analysed in this paper, applied to tournaments with relative performance measurements and empirically tested using data from the NBA.
Schlüsselwörter
NBA; Performance; Peter Principle; Sports Economics; Stochastic; Tournament
Publikationstyp
Forschungsartikel (Buchbeitrag)
Begutachtet
Nein
Publikationsstatus
Veröffentlicht
Jahr
2025
Buchtitel
Personnel Economics in Sports and Incentive Management: Present Findings and New Challenges in a Dynamic World; Festschrift für Prof. Dr. Bernd Frick
Herausgeber
Prinz, Joachim; Dilger, Alexander; Deutscher, Christian
Erste Seite
49
Letzte Seite
58
Verlag
Nomos
Ort
Baden-Baden
ISBN
978-3-7560-3323-2; 978-3-7489-6257-1
DOI
Gesamter Text