In many contests, a subset of contestants is granted preferential treatment which is presumably intended to be …

In many contests a subset of contestants is granted preferential treatment which is presumably intended to be …

Perfectly discriminating contests (or all pay auction) are widely used as a model of situations where individuals … devote resources to win some prize. In reality such contests are often preceded by investments of the contestants into their …

-order contests with complete information, in which each player's strategy generates direct or indirect affine "spillover" effects … important economic environments, as well as in classic contests adapted to recent experimental and behavioral models where …, tournaments, R&D races, models of ligitation, and a host of other contests. …

incentives and social preferences. We study experimentally fixed-prize contests using a 2x2 design, varying orthogonally the …

Comparative statics for contests with two privately informed and ex ante heterogeneous contestants are analyzed … part of the paper considers dynamic contests in which one bidder may endogenously be revealed to be weak. For example, the …

contests. We find that while in the aggregate the behavior of our subjects is consistent with that predicted by the theory …

This article analyses the allocation of prizes in contests. While existing models consider a single contest with an … exogenously given set of players, in our model several contests compete for participants. As a consequence, prizes not only induce … incentive effects but also participation effects. We show that contests that aim to maximize players’ aggregate effort will …