We consider a general class of imperfectly discriminating contests with privately informed players. We show that findings by Athey (2001) imply the existence of a Bayesian Nash equilibrium in monotone pure strategies.

This paper proposes a model for a certification market with an imperfect testing technology. Such a technology only assures that whenever two products are tested the higher quality product is more likely to pass than the lower quality one. When only one certifier with such testing technology is...

A characteristic of many information markets is that consumers can cross-check information, i.e. observe several information sources. To explore this we build a model of market for information where information outlets can only report a coarse signal and face a distribution of consumers with...