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 …

Considered are imperfectly discriminating contests in which players may possess private information about the …

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 report results from the first experimental study of round-robin tournaments. In our experiment, we investigate how … the prize structure affects the intensity, fairness, and dynamic behavior in sequential round-robin tournaments with three … players. We compare tournaments with a second prize equal to either 0%, 50%, or 100% of the first prize. While theory predicts …