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choices from a laboratory experiment. The equilibrium predicts that the large battlefield receives more than a proportional …
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of the theory are supported by a lab experiment designed to test the theory, yet we find a number of differences that …
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We theoretically and experimentally study a college admissions problem in which colleges accept students by ranking students' efforts in entrance exams. Students hold private information regarding their ability level that affects the cost of their efforts. We assume that student preferences are...
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theory are supported by a lab experiment designed to test the theory, yet we find a number of differences that render DCA …
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Contest or auction designers who want to maximize the overall revenue are frequently concerned with a trade-off between contest homogeneity and inclusion of contestants with high valuations. In our experimental study, we find that it is not profitable to exclude the most able contestant in favor...
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