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Do the contests with the largest prizes attract the most able contestants? Do contestants avoid competition? In this paper we show that the distribution of abilities plays a crucial role in determining contest choice. Positive sorting exist only when the proportion of high ability contestants is...
Persistent link: https://www.econbiz.de/10010851331
Do the contests with the largest prizes attract the most able contestants? To what extent do contestants avoid competition? In this paper, we show, theoretically and empirically, that the distribution of abilities plays a crucial role in determining contest choice. Sorting exists only when the...
Persistent link: https://www.econbiz.de/10009493738
Do the contests with the largest prizes attract the most-able contestants? To what extent do contestants avoid competition? In this paper, we show, theoretically and empirically, that the distribution of abilities plays a crucial role in determining contest choice. Complete sorting exists only...
Persistent link: https://www.econbiz.de/10011796513
When several contests compete for the participation of a common set of players, a contest's allocation of prizes not only induces incentive effects but also participation effects. Our model predicts that an increase in the sensitivity with which contest outcomes depend on players' efforts makes...
Persistent link: https://www.econbiz.de/10008537188
This article analyses the allocation of prizes in contests. While existing models consider a single contest with an exogenously given set of players, in our model several contests compete for participants. As a consequence, prizes not only induce incentive effects but also participation effects....
Persistent link: https://www.econbiz.de/10005772229
Persistent link: https://www.econbiz.de/10011951226
Do the contests with the largest prizes attract the most-able contestants? To what extent do contestants avoid competition? In this paper, we show, theoretically and empirically, that the distribution of abilities plays a crucial role in determining contest choice. Complete sorting exists only...
Persistent link: https://www.econbiz.de/10011446156
Persistent link: https://www.econbiz.de/10003902911
Persistent link: https://www.econbiz.de/10008662785
Persistent link: https://www.econbiz.de/10009724255