Showing 1 - 5 of 5
The form of contests for a single fixed prize can be determined by a designer who maximizes the contestants' efforts. This paper establishes that, under common knowledge of the two asymmetric contestants' prize valuations, a fair Tullock-type endogenously determined lottery is always superior to...
Persistent link: https://www.econbiz.de/10009675128
Persistent link: https://www.econbiz.de/10001534021
Persistent link: https://www.econbiz.de/10001534024
Persistent link: https://www.econbiz.de/10001412997
Persistent link: https://www.econbiz.de/10001751137