Lazear’s Stochastic Interpretation of the Peter Principle: An Empirical Examination Based on NBA-Data
Dilger, Alexander
Forschungsartikel (Buchbeitrag)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.
Details zur Publikation
Herausgeber*innen: Prinz, Joachim; Dilger, Alexander; Deutscher, Christian
Buchtitel: Personnel Economics in Sports and Incentive Management: Present Findings and New Challenges in a Dynamic World; Festschrift für Prof. Dr. Bernd Frick
Seitenbereich: 49-58
Verlag: Nomos
Erscheinungsort: Baden-Baden
Status: Veröffentlicht
Veröffentlichungsjahr: 2025
ISBN: 978-3-7560-3323-2; 978-3-7489-6257-1
Link zum Volltext: https://www.nomos-shop.de/de/p/personnel-economics-in-sports-and-incentive-management-gr-978-3-7560-3323-2
Stichwörter: NBA; Performance; Peter Principle; Sports Economics; Stochastic; Tournament
Autor*innen der Universität Münster
| Dilger, Alexander | Institut für Organisationsökonomik (IO) |