Glökler, Thomas; Pull, Kerstin; Stadler, Manfred - In: Games 13 (2022) 5, pp. 1-20
We investigate whether tournament prizes that depend on joint output ("variable prize tournaments") can alleviate the … compare fixed-prize tournaments with tournaments where prizes depend on contestants' joint output. Our analysis suggests that … classroom experiment where we compare participants' choices in a fixed-prize treatment (FP) with those of a variable …