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We develop a model of lobbying in which a time and resource constrained policymaker first chooses which policy …
Persistent link: https://www.econbiz.de/10011295655
Contests are well-established mechanisms for political lobbying, innovation, rentseeking, incentivizing workers, and …
Persistent link: https://www.econbiz.de/10012426931
In an influential paper, Fang (Public Choice 112: 351–371, 2002) asserts that the exclusion principle discovered by Baye et al. (1993) for all-pay auction does not apply to lottery in the case in which an organizer cares about the aggregate effort. Serena (2017) shows that the exclusion...
Persistent link: https://www.econbiz.de/10012824469
Persistent link: https://www.econbiz.de/10003391582
There are situations in which competitors ally to pursue a common objective. This simultaneous presence of cooperation and competition is called coopetition and we study it theoretically and experimentally in a group contest setup. More concretely, we analyze a group contest with a new sharing...
Persistent link: https://www.econbiz.de/10012871693
This paper examines behavior (the oretically and experimentally) in a two-stage group contest where the fi rst stage comprises of intra - group contests, followed by an inter-group contest in the second stage. Rewards accrue only to the members of the winning group in the inter-group contest,...
Persistent link: https://www.econbiz.de/10012014361
become about issues before interest groups engage in monetary lobbying. For a range of issues, the policymaker prefers to … leads to intense lobbying competition and larger political contributions. We identify a novel benefit of campaign finance …
Persistent link: https://www.econbiz.de/10011295605
.S. state-level lobbying expenditures, which reveals another puzzle regarding the constant relationship between aggregate …
Persistent link: https://www.econbiz.de/10011961962
This paper considers a situation in which participants with heterogeneous ability types are grouped into different competitions for performance ranking. In a contest, there may be performance spillovers, because of which a participant can benefit from others' performance. A planner can allocate...
Persistent link: https://www.econbiz.de/10013005052
This paper considers a situation in which students with heterogeneous ability types are grouped into different competitions for performance ranking. A planner can group the students and design prize structure in each competition in order to maximize the weighted total performance subject to a...
Persistent link: https://www.econbiz.de/10013307504