of limited monetary incentives in selection contests. …

This paper analyzes the design of innovation contests when the quality of an innovation depends on the research … suitable contests can induce such variety. The buyer-optimal contest is a bonus tournament, where suppliers can choose only …, we compare the optimal contest to scoring auctions and fixed-prize tournaments …

applications such as lobbying, warfare, labor tournaments, marketing, and R&D races. To understand this influence, we study a …

This paper examines multi-battle contests whose extensive form can be represented in terms of a finite state machine …). Degenerate cases are the finite-horizon contests on the one hand (e.g., the match race), and the tug-of-war on the other. Next …

This paper studies a large class of imperfectly discriminating contests, referred to as elastic contests, that induce … definite answers regarding the extent of rent dissipation in Tullock contests with intermediate values of the decisiveness …

We conduct a laboratory experiment to compare the fairness and intensity of round-robin tournaments with three … symmetric players, a single prize, and two alternative match formats. Matches are either organized as lottery contests or all …-pay auctions. Whereas we confirm the theoretical prediction that tournaments are less fair if matches are organized as all …