deterministic contests average expenditures converge to equilibrium levels when subjects only get feedback about own earnings, and … additional feedback about rivals’ choices and earnings raises average expenditures. In stochastic contests information feedback …

While numerous experiments demonstrate how pro-sociality can influence economic decision-making, evidence on explicitly … experimental rent-seeking contests. Although, as we show, existing evidence of excessive rent-seeking is in theory compatible with …

We report the results of laboratory experiments on rent-seeking contests with endogenous participation. Theory predicts …

very different effects depending on the contest structure. We observe the highest rent dissipation in stochastic contests … when players only get feedback on own choices and earnings. In these contests aggregate expenditures usually exceed the …. In contrast, in deterministic contests average expenditures converge to equilibrium levels when subjects only get …

While numerous experiments demonstrate how pro-sociality can influence economic decision-making, evidence on explicitly … experimental rent-seeking contests. Although, as we show, existing evidence of excessive rent-seeking is in theory compatible with …

We report the results of laboratory experiments on rent-seeking contests with endogenous participation. Theory predicts …