This paper investigates how heterogeneity in contestants’ investment costs affects the competition intensity in a …

I show that the effect of heterogeneity on contest investments depends on the structure of the competition, which … implies that heterogeneity matters for optimal contest design. This insight helps to explain empirical evidence on the …

This paper investigates how heterogeneity in contestants' investment costs affects the competition intensity in a …

-known (adverse) incentive effect of heterogeneity crucially depends on the structure of the competition – the effect is lower in … dynamic than in static formats. The paper also shows that heterogeneity between contestants is crucial to explain recent …

This paper shows that the incentive effects of heterogeneity may be positive rather than negative in dynamic contests … with multiple stages. In particular, the well-studied adverse effects of heterogeneity in static interactions are … compensated by positive continuation-value and selection effects. Due to these positive dynamic incentive effects of heterogeneity …

particular, we test whether decision makers in multi-stage tournaments take heterogeneity induced changes of continuation values …

particular, we test whether decision makers in multi-stage tournaments take heterogeneity induced changes of continuation values …

particular, we test whether decision makers in multi-stage tournaments take heterogeneity induced changes of continuation values …