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Workaholics and Drop Outs in Optimal Organizations
Muller, Wieland; Schotter, Andrew - Center for Experimental Social Science (CESS), New York … - 2007
This paper reports the results of experiments designed to test the theory of the optimal composition of prizes in … contests. We find that while in the aggregate the behavior of our subjects is consistent with that predicted by the theory …
Persistent link: https://www.econbiz.de/10005770972
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On asymmetry in all-pay auctions
Yoon, Kiho - Institute of Economic Research, Korea University - 2012
This paper examines the role of asymmetry in all-pay auctions. In particular, this paper decomposes a change in players' valuations into the absolute change and the relative change, and analyzes how these changes a¢çect total expenditures. An increase in the sum of players' valuations...
Persistent link: https://www.econbiz.de/10010641739
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Carrots and Sticks: Prizes and Punishments in Contests
Modovanu, Benny; Sela, Aner; Shi, Xianwen - Economics Department, Ben Gurion University of the Negev - 2008
prizes and punish low performance agents with negative prizes. We link the optimal prize structure to the curvature of …
Persistent link: https://www.econbiz.de/10008498311
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Carrots and Sticks: Prizes and Punishments in Contests
Moldovanu, Benny; Sela, Aner; Shi, Xianwen - University of Toronto, Department of Economics - 2010
prizes and punish low performance agents with negative prizes. We link the optimal prize structure to the curvature of …
Persistent link: https://www.econbiz.de/10008529178
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Carrots and Sticks: Prizes and Punishments in Contests
Moldovanu, Benny; Sela, Aner; Shi, Xianwen - C.E.P.R. Discussion Papers - 2008
prizes and punish low performance agents with negative prizes. We link the optimal prize structure to the curvature of …
Persistent link: https://www.econbiz.de/10005504366
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All-pay auctions with certain and uncertain prizes
Minchuk, Yizhaq; Sela, Aner - In: Games and Economic Behavior 88 (2014) C, pp. 130-134
We study all-pay auctions with multiple prizes. The players have the same value for all the certain prizes except for …
Persistent link: https://www.econbiz.de/10011117138
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All-pay auctions with certain and uncertain prizes
Minchuk, Yizhaq; Sela, Aner - C.E.P.R. Discussion Papers - 2014
We study all-pay auctions with multiple prizes. The players have the same value for all the certain prizes except for … the number of prizes is smaller than the number of players, independent of the ranking of the uncertain prize, a player … players' ex-ante expected utility as well the players' expected total effort. Also, increasing the number of prizes may …
Persistent link: https://www.econbiz.de/10011083545
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The role of information in contests
Dubey, Pradeep - In: Economics Letters 120 (2013) 2, pp. 160-163
Consider a contest for a prize in which each player knows his/her own ability, but may or may not know those of his/her rivals (the complete or incomplete information regimes). Our main result is that, if the value of the prize is high, more effort and output are engendered under incomplete...
Persistent link: https://www.econbiz.de/10010678824
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All-pay auctions with endogenous rewards
BOS, Olivier; RANGER, Martin - Center for Operations Research and Econometrics (CORE), … - 2009
and differs between the contestants. Some key properties of R&D races, lobbying activity and sport contests are captured …
Persistent link: https://www.econbiz.de/10008494366
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All-Pay Auctions with Endogenous Rewards
Bos, Olivier; Ranger, Martin - Staatswissenschaftliches Seminar, Wirtschafts- und … - 2010
and differs between the contestants. Some key properties of R&D races, lobbying activity and sport contests are captured …
Persistent link: https://www.econbiz.de/10008615456