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-minimizing public firm. Workers in the economy are heterogeneous in their intrinsic motivation to work in the sector. In line with …
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privately informed about their ability and motivation. Firms differ in their organizational form, and motivated workers are keen …
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-minimising public firm. Workers in the economy are heterogeneous in their motivation to work in the sector. In line with empirical …
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This paper provides existence and characterization of the optimal contest success function under the condition that the objective of the contest designer is total effort maximization among n heterogeneous players. Heterogeneity of players makes active participation of a player in equilibrium...
Persistent link: https://www.econbiz.de/10003861488
This paper provides existence and characterization of the optimal contest success function under the condition that the objective of the contest designer is total effort maximization among n heterogeneous players. Heterogeneity of players makes active participation of a player in equilibrium...
Persistent link: https://www.econbiz.de/10003872390