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the prize structure affects the intensity, fair-ness, and dynamic behavior in sequential round-robin tournaments with three …
Persistent link: https://www.econbiz.de/10013266616
the prize structure affects the intensity, fairness, and dynamic behavior in sequential round-robin tournaments with three …
Persistent link: https://www.econbiz.de/10013185940
the prize structure affects the intensity, fair-ness, and dynamic behavior in sequential round-robin tournaments with three …
Persistent link: https://www.econbiz.de/10013293842
We examine the fairness and intensity of sequential round-robin tournaments with multiple prizes. With three symmetric …
Persistent link: https://www.econbiz.de/10011743460
We examine the effects of endogenous sequences on the fairness in round-robin tournaments with four players, multiple … show that there is no sequence which implies perfect fairness. By contrast, some endogenous sequences imply horizontal ex …-ante fairness irrespective of the prize structure. In winner-take-all tournaments, additional endogenous sequences are horizontally …
Persistent link: https://www.econbiz.de/10015047276
We examine the effects of endogenous sequences on the fairness in round-robin tournaments with four players, multiple … show that there is no sequence which implies perfect fairness. By contrast, some endogenous sequences imply horizontal ex …-ante fairness irrespective of the prize structure. In winner-take-all tournaments, additional endogenous sequences are horizontally …
Persistent link: https://www.econbiz.de/10014631658
We consider an expanded notion of social norms that renders them belief-dependent and partial, formulate a series of related testable predictions, and design an experiment based on a variant of the dictator game that tests for empirical relevance. Main results: Normative beliefs influence...
Persistent link: https://www.econbiz.de/10012889682
-pay auctions implies lower aggregate effort than in tournaments with suitable Tullock contests. The fairness of round …
Persistent link: https://www.econbiz.de/10011657142
We provide new experimental evidence which suggests an asymmetric discouragement effect in lottery contests with heterogeneous abilities. Compared to a symmetric contest, subjects invest less effort when facing a stronger opponent, but they invest the same when facing a weaker opponent. Our...
Persistent link: https://www.econbiz.de/10011539207
I characterize the optimal accuracy level r of an unbiased Tullock contest between two players with heterogeneous prize valuations. The designer maximizes the winning probability of the strong player or the winner’s expected valuation by choosing a contest with an all-pay auction equilibrium...
Persistent link: https://www.econbiz.de/10013172104