effective; it yields total contestants' efforts that are larger than those obtained under almost any Tullock-type lottery … ; lottery …

and lottery contests with several heterogeneous contestants. Two instruments of favoritism are considered: Head starts … first-best revenue. In the lottery contest, head starts are less effective than biases and combining both instruments cannot … further increase revenue. As all-pay auctions revenue-dominate lottery contests under optimal biases, we thus obtain an …

symmetric players, a single prize, and two alternative match formats. Matches are either organized as lottery contests or all … tournaments based on all-pay auctions is also at odds with theory. In the lab, such tournaments heavily disfavor (in payoff …

Blotto Game ; auction ; lottery …

An auction is viewed as a process that in equilibrium generates a binary lottery for each bidder, which the bidder buys …

Eeckhoudt and Schlesinger (2006), based upon simple lottery preference. This article show how the mathematics of lattice theory … can be used to model these lottery preferences. In addition to modeling a simple lattice structure, I show how such …