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Experimenting with Contests for Experimentation

Deck, Cary A. - 2016

We report an experimental test of alternative rules in innovation contests when success may not be feasible and contestants may learn from each other. Following Halac et al. (forthcoming), the contest designer can vary the prize allocation rule from Winner-Take-All in which the first successful...

Persistent link: https://www.econbiz.de/10012992465

Single- and Double-Elimination All-Pay Tournaments

Deck, Cary A. - 2015

Tournaments consisting of iterative matches are a common mechanism for determining how to allocate a prize. For this reason it is important to understand the behavioral as well as the theoretical properties of different tournament structures. Given that laboratory experiments have consistently...

Persistent link: https://www.econbiz.de/10013033337

The effect of link costs on simple buyer–seller networks

Doğan, Gönül; van Assen, Marcel; Potters, Jan - In: Games and Economic Behavior 77 (2013) 1, pp. 229-246

We examine experimentally how link costs affect the formation of links between a single seller and two potential buyers as well as the ensuing bargaining. Theory predicts that link costs lead to less competitive networks, with one link rather than two links, and that link costs do not affect the...

Persistent link: https://www.econbiz.de/10011049882

Paying for Express Checkout : Competition and Price Discrimination in Multi-Server Queuing Systems

Deck, Cary A. - 2015

We model competition between two firms selling identical goods to customers who arrive in the market stochastically …

Persistent link: https://www.econbiz.de/10013034692

A Survey of Experimental Research on Contests, All-Pay Auctions and Tournaments

Dechenaux, Emmanuel - 2012

legal systems, political competition, war, conflict avoidance, sales, and charities, and suggest directions for future …

Persistent link: https://www.econbiz.de/10013100140

A survey of experimental research on contests, all-pay auctions and tournaments

Dechenaux, Emmanuel; Kovenock, Daniel J.; Sheremeta, … - 2012

legal systems, political competition, war, conflict avoidance, sales, and charities, and suggest directions for future …

Persistent link: https://www.econbiz.de/10009687977

Sequential vs. Simultaneous Quality Choices with Bertrand and Cournot Competition

Aoki, Reiko - 1997

depends on the type of competition (Bertrand or Cournot) in the sale stage. If the product market is characterized by Bertrand … competition (price setting), then lower qualities will be chosen under sequential quality choice than under simultaneous quality … choice. Although qualities may be strategic complements or substitutes, depending on the type of product market competition …

Persistent link: https://www.econbiz.de/10014083128

Prize and Incentives in Double-Elimination Tournaments

Huang, Lingbo - 2017

I examine a game-theoretical model of two variants of double-elimination tournaments, and derive the equilibrium behavior of symmetric players and the optimal prize allocation assuming a designer aims to maximize total effort. I compare these theoretical properties to the well-known...

Persistent link: https://www.econbiz.de/10012950756

Competition and Specialization in the VC Market : A Non-Monotonic Relationship

Cabolis, Christos - 2020

We investigate the relationship between competition and stage specialization in the venture capital (VC) market. A …-off between business expansion on the one hand and competition mitigation on the other. The intensity of competition in the VC … our hypotheses, we find robust empirical evidence for a non-monotonic relationship (inverted-U shape) between competition …

Persistent link: https://www.econbiz.de/10012856760

All-Pay Contests

Siegel, Ron - 2011

investments inherent in scenarios such as lobbying, competition for market power, labor-market tournaments, and Ramp;D races …

Persistent link: https://www.econbiz.de/10012756936