This paper reports an experimental test of asymmetric Tullock contests. Both the simultaneous-move and sequential …

very different effects depending on the contest structure. We observe the highest rent dissipation in stochastic contests … when players only get feedback on own choices and earnings. In these contests aggregate expenditures usually exceed the …. In contrast, in deterministic contests average expenditures converge to equilibrium levels when subjects only get …

deterministic contests average expenditures converge to equilibrium levels when subjects only get feedback about own earnings, and … additional feedback about rivals' choices and earnings raises average expenditures. In stochastic contests information feedback …

very different effects depending on the contest structure. We observe the highest rent dissipation in stochastic contests … when players only get feedback on own choices and earnings. In these contests aggregate expenditures usually exceed the …. In contrast, in deterministic contests average expenditures converge to equilibrium levels when subjects only get …

comprises of intra - group contests, followed by an inter-group contest in the second stage. Rewards accrue only to the members … the second stage than winners. In contrast to previous frameworks of sequential contests, we show that a prior win may be …

contests average expenditures converge to equilibrium levels when subjects only get feedback about own earnings, and additional … feedback about rivals' choices and earnings raises average expenditures. In lottery contests information feedback has an …

Standard theoretical prediction is that rational economic agents participating in rent-seeking contests should engage …

The standard theoretical description of rent-seeking contests is that of rational individuals or groups engaging in …

comprises of intra - group contests, followed by an inter-group contest in the second stage. Rewards accrue only to the members … the second stage than winners. In contrast to previous frameworks of sequential contests, we show that a prior win may be …

success of the group. Our main finding is that, in contrast with a number of theoretical predictions, efforts in contests … involving heterogeneous groups are higher than in contests involving only homogeneous groups, leading to reduced earnings (to … contest participants) and increased inequality. This effect is particularly pronounced in asymmetric contests, where both …