Franke, Jörg; Kanzow, Christian; Leininger, Wolfgang; … - In: Economic Theory 52 (2013) 2, pp. 589-630
Contest rules are set up by administrators who frequently have discretionary power in specifying the details of these rules, i.e., they can bias the contest rules toward specific contestants in order to further their prime objective. We derive the optimal bias of the contest rule for a contest...