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A survey of experimental research on contests, all-pay auctions and tournaments
Dechenaux, Emmanuel; Kovenock, Dan; Sheremeta, Roman M. - 2012
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-pay auctions and rankorder tournaments. This survey...
Persistent link: https://www.econbiz.de/10010311082
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A survey of experimental research on contests, all-pay auctions and tournaments
Dechenaux, Emmanuel; Kovenock, Daniel J.; Sheremeta, … - 2012
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-pay auctions and rankorder tournaments. This survey...
Persistent link: https://www.econbiz.de/10009687977
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A Survey of Experimental Research on Contests, All-Pay Auctions and Tournaments
Dechenaux, Emmanuel - 2012
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-pay auctions and rank-order tournaments. This survey...
Persistent link: https://www.econbiz.de/10013100140
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Experimental Research on Contests
Sheremeta, Roman M. - 2018
Costly competitions between economic agents are modeled as contests. Researchers use laboratory experiments to study contests and test comparative static predictions of contest theory. Commonly, researchers find that participants' efforts are significantly higher than predicted by the standard...
Persistent link: https://www.econbiz.de/10012910152
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Behavior in Group Contests : A Review of Experimental Research
Sheremeta, Roman M. - 2015
Group contests are ubiquitous. Some examples include warfare between countries, competition between political parties, team-incentives within firms, group sports, and rent-seeking. In order to succeed, members of the same group have incentives to cooperate with each other by expending individual...
Persistent link: https://www.econbiz.de/10013013877
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A survey of experimental research on contests, all-pay auctions and tournaments
Dechenaux, Emmanuel; Kovenock, Dan; Sheremeta, Roman M. - Wissenschaftszentrum Berlin für Sozialforschung (WZB) - 2012
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-pay auctions and rankorder tournaments. This survey...
Persistent link: https://www.econbiz.de/10010956218
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The Pros and Cons of Workplace Tournaments
Sheremeta, Roman M. - 2016
Tournaments are commonly used in the workplace to determine promotion, assign bonuses, and motivate personal development. Tournament-based contracts can be very effective in eliciting high effort, often outperforming other compensation contracts, but they can also have negative consequences for...
Persistent link: https://www.econbiz.de/10014124556
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Asymmetric and endogenous within-group communication in competitive coordination games
Cason, Timothy N.; Sheremeta, Roman M.; Zhang, Jingjing - 2015
Persistent link: https://www.econbiz.de/10011406848
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Communication and efficiency in competitive coordination games
Cason, Timothy N.; Sheremeta, Roman M.; Zhang, Jingjing - In: Games and economic behavior 76 (2012) 1, pp. 26-43
Persistent link: https://www.econbiz.de/10009686009
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Asymmetric and Endogenous Within-Group Communication in Competitive Coordination Games
Cason, Timothy N. - 2017
Within-group communication in competitive coordination games has been shown to increase competition between groups and … lower efficiency. This study further explores potentially harmful effects of communication, by addressing the questions of … (i) asymmetric communication and (ii) the endogenous emergence of communication. Our theoretical analysis provides …
Persistent link: https://www.econbiz.de/10012970700