deterministic contests average expenditures converge to equilibrium levels when subjects only get feedback about own earnings, and … additional feedback about rivals’ choices and earnings raises average expenditures. In stochastic contests information feedback …

contests average expenditures converge to equilibrium levels when subjects only get feedback about own earnings, and additional … feedback about rivals' choices and earnings raises average expenditures. In lottery contests information feedback has an …

We report the results of laboratory experiments on rent-seeking contests with endogenous participation. Theory predicts …

We report the results of laboratory experiments on rent-seeking contests with endogenous participation. Theory predicts …

very different effects depending on the contest structure. We observe the highest rent dissipation in stochastic contests … when players only get feedback on own choices and earnings. In these contests aggregate expenditures usually exceed the …. In contrast, in deterministic contests average expenditures converge to equilibrium levels when subjects only get …

We report the results of laboratory experiments on rent-seeking contests with endogenous participation. Theory predicts …

We report the results of laboratory experiments on rent-seeking contests with endogenous participation. Theory predicts …

deterministic contests average expenditures converge to equilibrium levels when subjects only get feedback about own earnings, and … additional feedback about rivals' choices and earnings raises average expenditures. In stochastic contests information feedback …

very different effects depending on the contest structure. We observe the highest rent dissipation in stochastic contests … when players only get feedback on own choices and earnings. In these contests aggregate expenditures usually exceed the …. In contrast, in deterministic contests average expenditures converge to equilibrium levels when subjects only get …

very different effects depending on the contest structure. We observe the highest rent dissipation in stochastic contests … when players only get feedback on own choices and earnings. In these contests aggregate expenditures usually exceed the …. In contrast, in deterministic contests average expenditures converge to equilibrium levels when subjects only get …