In Zeiten steigender Energiekosten haben Unternehmen, die ihre Energieeffizienz mittels eines Management-Systems messen, analysieren und steuern, spürbare Wettbewerbsvorteile. Eine geeignete Software kann das Controlling wesentlich bei der Analyse und Aufbereitung der Daten unterstützen....

We characterize revenue maximizing head starts for all-pay auctions and lottery contests with many heterogeneous players. We show that under optimal head starts all-pay auctions revenue-dominate lottery contests for any degree of heterogeneity among players. Moreover, all-pay auctions with...

Levelling the playing field is an important policy instrument to guarantee an equitable competition among heterogeneous individuals. However, the incentive effects of those policies are usually not explicitly addressed in empirical studies. In this article the performance in amateur golf...

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....

Contest rules are set up by administrators who frequently have discretionary power in specifying the details of these rules, i.e., they can bias the contest rules toward specific contestants in order to further their prime objective. We derive the optimal bias of the contest rule for a contest...