Clark, Derek J.; Nilssen, Tore; Sand, Jan Yngve - Økonomisk institutt, Universitetet i Oslo - 2012
yields an advantage in the second contest. The win advantage introduces an asymmetry into the competition that we …find … that a win advantage is advantageous for an effort maximizing contest designer, whereas in expectation it will not be bene … contest. With ex ante asymmetry, the effect of the win advantage on the effort in the second contest depends on how …