Showing 1 - 10 of 6,356
Persistent link: https://www.econbiz.de/10000617938
Persistent link: https://www.econbiz.de/10012498469
Persistent link: https://www.econbiz.de/10011304953
Persistent link: https://www.econbiz.de/10009696379
Persistent link: https://www.econbiz.de/10009703150
We investigate the role of information feedback in rent-seeking games with two different contest structures. In the stochastic contest a contestant wins the entire rent with probability equal to her share of rent-seeking expenditures; in the deterministic contest she receives a share of the rent...
Persistent link: https://www.econbiz.de/10009618920
Persistent link: https://www.econbiz.de/10010360136
Persistent link: https://www.econbiz.de/10010236111
The paper presents experimental evidence on the impact of managers and their incentives on the behavior of group members in intergroup contests. I find that members follow the nonbinding investment recommendations of their group manager in particular if the managers payoff does not depend on the...
Persistent link: https://www.econbiz.de/10010340540
A well-known theoretical result in the contest literature is that greater heterogeneity decreases performance of contestants because of the "discouragement effect." Leveling the playing field by favoring weaker contestants through bid-caps and favorable tie-breaking rules can reduce the...
Persistent link: https://www.econbiz.de/10011472073