Dechenaux, Emmanuel; Kovenock, Dan; Sheremeta, Roman - Economic Science Institute (ESI), Argyros School of … - 2012
between groups, as well as real-effort and field experiments. Finally, we discuss applications of contests to the study of …Many economic, political and social environments can be described as contests in which agents exert costly efforts … while competing over the distribution of a scarce resource. These environments have been studied using Tullock contests, all …