Chiappinelli, Olga - Volkswirtschaftliche Fakultät, … - 2014
In this paper we study a multi-stage elimination contest with non-sunk bids: differently from existing literature, we … the modelization for many real scenarios, like R&D contests and sport tournaments. In our simple two-stage framework with … important, in determining the outcome of the game, than their relative abilities of allocating limited resources over the stages …