Showing 1 - 10 of 64,647
contestants due to softer competition. Our main result regarding total revenue comparison under the optimal biases reveals that …
Persistent link: https://www.econbiz.de/10010338417
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...
Persistent link: https://www.econbiz.de/10010442277
We analyze the revenue-enhancing potential of favoring specific contestants in complete information all-pay auctions and lottery contests with several heterogeneous contestants. Two instruments of favoritism are considered: Head starts that are added to the bids of specific contestants and...
Persistent link: https://www.econbiz.de/10011586301
Persistent link: https://www.econbiz.de/10011975698
We allow a contest organizer to bias a contest in a discriminatory way, that is, she can favor specific contestants through the choice of contest success functions in order to maximize total equilibrium effort (resp. revenue). The scope for revenue enhancement through biasing is analyzed and...
Persistent link: https://www.econbiz.de/10009579412
We allow a contest organizer to bias a contest in a discriminatory way, that is, she can favor specific contestants through the choice of contest success functions in order to maximize total equilibrium effort (resp. revenue). The scope for revenue enhancement through biasing is analyzed and...
Persistent link: https://www.econbiz.de/10013110531
higher number of actively participating contestants due to softer competition. Our main result regarding total revenue …
Persistent link: https://www.econbiz.de/10011049677
Persistent link: https://www.econbiz.de/10010259982
Persistent link: https://www.econbiz.de/10012144817
Persistent link: https://www.econbiz.de/10010364596