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Religious Identity and the Provision of Public Goods: Evidence from the Indian Princely States.

Chaudhary, Latika; Rubin, Jared - Economic Science Institute (ESI), Argyros School of … - 2013

in the religion of rulers in the Indian Princely States in the early 20th century. The Indian Princely States had … significant variation in the religion of the ruler (primarily Hindu and Muslim), often due to unique historical experiences. Using … data from the 1911 census, we fin d that Muslim-ruled states had lower Hindu literacy but the religion of the ruler had no …

Persistent link: https://www.econbiz.de/10010699800

Behavioral Dimensions of Contests

Sheremeta, Roman M. - Economic Science Institute (ESI), Argyros School of … - 2014

The standard theoretical description of rent-seeking contests is that of rational individuals or groups engaging in socially inefficient behavior by exerting costly effort. Experimental studies find that the actual efforts of participants are significantly higher than predicted in the models...

Persistent link: https://www.econbiz.de/10010884876

Strategically Equivalent Contests

Sheremeta, Roman M.; Chowdhury, Subhasish M. - Economic Science Institute (ESI), Argyros School of … - 2014

Using a two-player Tullock-type contest we show that intuitively and structurally different contests can be strategically equivalent. Strategically equivalent contests generate the same best response functions and, as a result, the same equilibrium efforts. However, strategically equivalent...

Persistent link: https://www.econbiz.de/10010817381

Resource Allocation Contests: Experimental Evidence

Shupp, Robert; Sheremeta, Roman M.; Schmidt, David; … - Economic Science Institute (ESI), Argyros School of … - 2013

potentially divisible resource. We design an experiment to compare individuals’ decisions across three resource allocation …

Persistent link: https://www.econbiz.de/10010817382

Overbidding and overspreading in rent-seeking experiments: Cost structure and prize allocation rules

Chowdhury, Subhasish M.; Sheremeta, Roman M.; Turocy, … - Economic Science Institute (ESI), Argyros School of … - 2014

We study experimentally the effects of cost structure and prize allocation rules on the performance of rent-seeking contests. Most previous studies use a lottery prize rule and linear cost, and ?nd both overbidding relative to the Nash equilibrium prediction and signi?cant variation of efforts,...

Persistent link: https://www.econbiz.de/10010817408

Winner-Take-All and Proportional-Prize Contests: Theory and Experimental Results.

Sheremeta, Roman M.; Masters, William A.; Cason, Timothy N. - Economic Science Institute (ESI), Argyros School of … - 2012

This study provides a unified theoretical and experimental framework in which to compare three canonical types of competition: winner-take-all contests won by the best performer, winner-take-all lotteries where probability of success is proportional to performance, and proportional-prize...

Persistent link: https://www.econbiz.de/10010817416

Overdissipation and Convergence in Rent-seeking Experiments: Cost structure and prize allocation rules.

Chowdhury, Subhasish M.; Sheremeta, Roman M.; Turocy, … - Economic Science Institute (ESI), Argyros School of … - 2012

We study experimentally the effects of cost structure and prize allocation rules on the performance of rent-seeking contests. Most previous studies use a lottery prize rule and linear cost, and find both overdissipation relative to Nash equilibrium prediction and significant variation in...

Persistent link: https://www.econbiz.de/10010817421

Experimental Comparison of Multi-Stage and One-Stage Contests

Sheremeta, Roman M. - Economic Science Institute (ESI), Argyros School of … - 2009

first stage but not in the second stage. Our experiment provides evidence that winning is a component in a subject’s utility …

Persistent link: https://www.econbiz.de/10008587873

Endowment Effects in Contests

Price, Curtis R.; Sheremeta, Roman M. - Economic Science Institute (ESI), Argyros School of … - 2009

We design an experiment to test if the manner in which subjects receive the endowment has any bearing on the amount of … overbidding in contests. We find that overbidding is significantly higher when subjects are given a large per-experiment endowment …

Persistent link: https://www.econbiz.de/10008587874

Contest Design: An Experimental Investigation

Sheremeta, Roman M. - Economic Science Institute (ESI), Argyros School of … - 2009

This paper experimentally compares the performance of four simultaneous lottery contests: a grand contest, two multiple prize settings (equal and unequal prizes), and a contest which consists of two subcontests. Consistent with the theory, the grand contest generates the highest effort levels...

Persistent link: https://www.econbiz.de/10008587875