Konrad, Kai A.; Kovenock, Dan - Wissenschaftszentrum Berlin für Sozialforschung (WZB) - 2011
We study an all-pay contest with multiple identical prizes (lifeboat seats). Prizes are partitioned into subsets of prizes (lifeboats). Players play a two-stage game. First, each player chooses an element of the partition (a lifeboat). Then each player competes for a prize in the subset chosen...