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This paper investigates the effects of different prize structures on the effort choices of participants in two-stage elimination contests. A format with a single prize is shown to maximize total effort over both stages, but induces low effort in stage 1 and high effort in stage 2. By contrast, a...
Persistent link: https://www.econbiz.de/10010340562
This paper investigates how heterogeneity in contestants' investment costs affects the competition intensity in a dynamic elimination contest. Theory predicts that the absolute level of investment costs has no effect on the competition intensity in homogeneous interactions. Relative cost...
Persistent link: https://www.econbiz.de/10010485338
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
We allow a contest organizer to bias a contest in a discriminatory way; i.e., she can favor specific contestants by designing the contest rule in order to maximize total equilibrium effort (resp. revenue). The two predominant contest regimes are considered, all-pay auctions and lottery contests....
Persistent link: https://www.econbiz.de/10010338417
Attorneys elected to the US House of Representatives and to US state legislatures are systematically less likely to vote in favor of tort reforms that restrict tort litigation, but more likely to support bills that extend tort law. This finding is based on the analysis of 54 votes at the federal...
Persistent link: https://www.econbiz.de/10010485963
This paper empirically analyzes how performance feedback and information on heterogeneity affect behavior in dynamic contests, using data on two-player-contests from a smartphone/tablet application called ``Wordblitz for Friends''. We find that players increase output as underdogs and decrease...
Persistent link: https://www.econbiz.de/10010487265
Persistent link: https://www.econbiz.de/10013442281
This paper examines how neutral the current EU decision-making procedures are to membership and how well they obey certain transparent general constitutional principles. The paper evaluates the performance of the procedures by strategic and classical power indices. The main emphasis in the...
Persistent link: https://www.econbiz.de/10011507661
In using their citizen candidate framework, Besley and Coate (2001) find that if citizen candidates with sufficiently extreme preferences are available, lobbying has no in fluence on equilibrium policy. I show that this result does not hold in a model with ideological parties instead of citizen...
Persistent link: https://www.econbiz.de/10010343633
Persistent link: https://www.econbiz.de/10003726811