Kawamura, Kohei; Moreno de Barreda, Inés - In: Economics Letters 123 (2014) 2, pp. 240-243
This note shows that when the designer of a contest wishes the winner have high ability, she is better off giving a head start to one of the contestants even if they are ex-ante identical. If the contestants are ex-ante asymmetric, the designer should give a head start to the one who is more...