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Häfner, Samuel; Nöldeke, Georg - 2014

simple asymmetric contest in which contestants differ in the effectiveness of their efforts? For two-player contests the …

Persistent link: https://www.econbiz.de/10011390708

Designing institutions for diversity

Letina, Igor; Schmutzler, Armin - 2015

This paper analyzes the design of innovation contests when the quality of an innovation depends on the research … suppliers. We also compare other common contests, in particular, fixed-prize tournaments and auctions. Like bonus tournaments …

Persistent link: https://www.econbiz.de/10011420558

Designing institutions for diversity

Letina, Igor; Schmutzler, Armin - 2015

This paper analyzes the design of innovation contests when the quality of an innovation depends on the research …

Persistent link: https://www.econbiz.de/10011420571

Comparative Analysis of Litigation Systems: An Auction-Theoretic Approach

Baye, Michael R.; Kovenock, Dan; de Vries, Casper G. - 2000

A simple auction-theoretic framework is used to examine symmetric litigation environments where the legal ownership of a disputed asset is unknown to the court. The court observes only the quality of the case presented by each party, and awards the asset to the party presenting the best case....

Persistent link: https://www.econbiz.de/10010324483

Contests with Rank-Order Spillovers

Baye, Michael R.; Kovenock, Dan; de Vries, Casper G. - 2009

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

Persistent link: https://www.econbiz.de/10010325768

Sabotage in Contests: An Overview

Amegashie, J. Atsu - 2013

This paper reviews the relatively small literature on sabotage in contests. It looks at both the formal game …

Persistent link: https://www.econbiz.de/10010328791

Unique equilibrium in contests with incomplete information

Ewerhart, Christian; Quartieri, Federico - 2013

results to contests with incomplete informa tion. Two assumptions are imposed on the information structure. First, the players …

Persistent link: https://www.econbiz.de/10010332037

Behavioral variation in Tullock contests

Masiliunas, Aidas; Mengel, Friederike; Reiss, J. Philipp - 2014

power of Nash equilibrium observed in Tullock contests. In our standard contest treatment, only 7% of choices are consistent … huge behavioral variation typically observed in Tullock contests. …

Persistent link: https://www.econbiz.de/10010332613

Silent interests and all-pay auctions

Konrad, Kai Andreas - 2005

If firms compete in all-pay auctions with complete information, silent shareholdings introduce asymmetric externalities into the all-pay auction framework. If the strongest firm owns a large share in the second strongest firm, this may make the strongest firm abstain from bidding. As a...

Persistent link: https://www.econbiz.de/10010333027

Sabotage in dynamic tournaments

Gürtler, Oliver; Münster, Johannes - 2009

This paper studies sabotage in a dynamic tournament. Three players compete in two rounds. In the final round, a player who is leading in the race, but not yet beyond the reach of his competitors, gets sabotaged more heavily. As a consequence, if players are at the same position initially, they...

Persistent link: https://www.econbiz.de/10010333728