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-select into more competitive environments (e.g. Dohmen and Falk, 2006). In particular, it shows that moderate overconfidence in a …
Persistent link: https://www.econbiz.de/10010277216
overconfidence in a contest can improve the agent's performance relative to an unbiased opponent and can even lead to an advantage …
Persistent link: https://www.econbiz.de/10010427565
overconfidence in a contest can improve the agent's performance relative to an unbiased opponent and can even lead to an advantage …
Persistent link: https://www.econbiz.de/10008757370
We analyze the doping behavior of heterogeneous athletes in an environment of private information. In a n-player strategic game, modeled as an all-pay auction, each athlete has private information about his actual physical ability and choses the amount of performance-enhancing drugs. The use of...
Persistent link: https://www.econbiz.de/10011390690
We analyze the infuence of the number of competitors, the costs of doping and the distribution of talents on the doping behavior. In an n-player strategic game modelled as an all-pay auction, the players have private information about their talent and the amount of doping. The main finding of...
Persistent link: https://www.econbiz.de/10010270749
We consider mechanisms for allocating a common-value prize between two players in an incomplete information setting. In this setting, each player receives an independent private signal about the prize value. The signals are from a discrete distribution and the value is increasing in both...
Persistent link: https://www.econbiz.de/10010392397
We consider mechanisms for allocating a common-value prize between two players in an incomplete information setting. In this setting, each player receives an independent private signal about the prize value. The signals are from a discrete distribution and the value is increasing in both...
Persistent link: https://www.econbiz.de/10010360354
We characterize the optimal structure of prizes in contests, when the contest designer is interested in the …-558) incomplete-information model of contests as well as other results in a particularly simple fashion. …
Persistent link: https://www.econbiz.de/10010856714
I show that a unique equilibrium exists in an asymmetric two-player all-pay auction with a discrete signal structure, correlated signals, and interdependent valuations. The proof is constructive, and the construction can be implemented as a computer program and be used to derive comparative...
Persistent link: https://www.econbiz.de/10010930796
In many contests, a subset of contestants is granted preferential treatment which is presumably intended to be …
Persistent link: https://www.econbiz.de/10010729778