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This paper studies collective contests with endogenous cost sharing, general effort costs and intra-group heterogeneity of prize-valuation. Our objective is to clarify the relationship between cost sharing, intra-group heterogeneity within the competing groups and the elasticity of the marginal...
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Collective contests are examined permitting heterogeneity of stakes within every competing group. Our first concern is whether unequal distribution of stakes in a group can enhance its win probability. Our second concern is whether a large stake in a group can be individually disadvantageous. We...
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Collective contests are examined permitting heterogeneity of stakes within every competing group. Our first concern is whether unequal distribution of stakes in a group can enhance its win probability. Our second concern is whether a large stake in a group can be individually disadvantageous. We...
Persistent link: https://www.econbiz.de/10013086980
strategic behavior can have on the unpredictability of competition outcomes, and show for a general class of team tennis scoring …Team Tennis competitions produce aggregate scores for teams, and thus team rankings, based on head-to-head matchups of … individual team members. Similar scoring rules can be used to rank any two groups that must be compared on the basis of paired …
Persistent link: https://www.econbiz.de/10011709207
Every topological group has some natural compactifications which can be a useful tool of studying . We discuss the following constructions: (1) the () is the compactification corresponding to the algebra of all right uniformly continuous bounded functions on ; (2) the () corresponds to the...
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