Of Tournaments and Temptations: An Analysis of Managerial Incentives in the Mutual Fund Industry

Rank-Order Tournaments as Optimum Labor Contracts

1981 • 4,164 citations

Survivorship Bias in Performance Studies

1992 • 1,161 citations

Prizes and Incentives: Towards a General Theory of Compensation and Competition

1983 • 1,039 citations

THE EFFECT OF THE FIRM'S CAPITAL STRUCTURE ON THE SYSTEMATIC RISK OF COMMON STOCKS

1972 • 1,034 citations

Prizes and Incentives: Towards a General Theory of Compensation and Competition

1983 • 1,034 citations

A Comparison of Tournaments and Contracts

1983 • 1,000 citations

Portfolio Performance Evaluation: Old Issues and New Insights

1989 • 622 citations

COGNITIVE DISSONANCE AND MUTUAL FUND INVESTORS

1997 • 539 citations

Tournaments and Piece Rates: An Experimental Study

1987 • 537 citations

Do Tournaments Have Incentive Effects?

1990 • 479 citations

An individual level analysis of the mutual fund investment decision

1996 • 414 citations

Performance Incentive Fees: An Agency Theoretic Approach

1987 • 303 citations

Adverse Risk Incentives and the Design of Performance-Based Contracts

1989 • 221 citations

Portfolio Rebalancing and the Turn‐of‐the‐Year Effect

1989 • 182 citations

Objectives and Performance of Mutual Funds, 1960-1969

1974 • 146 citations

Empirical Tests of a Principal-Agent Model of the Investor-Investment Advisor Relationship

1992 • 133 citations

The Economics of Mutual Fund Markets: Competition Versus Regulation

1990 • 105 citations

Mutual Fund Styles

1996 • 70 citations

Incentive Fees: Some Problems and Some Solutions

1987 • 58 citations

Attrition and Mutual Fund Performance

1993 • 56 citations

Incentive Fees: Who Wins? Who Loses?

1987 • 48 citations

Estimation Risk and Incentive Contracts for Portfolio Managers

1988 • 34 citations

How clients can win the gaming game

1987 • 21 citations

Market Response to Mutual Fund Performance

1992 • 12 citations