A Note on Multi-winner Contest Mechanisms

We consider a multi-winner nested elimination contest in which losers are sequentially eliminated to attain the set of winners. This is a variant of a widely used mechanism introduced by Clark and Riis (1996) that allows one to select the winners sequentially. We show that the nested elimination mechanism becomes equivalent to another popular mechanism suggested by Berry (1993) where the winners are chosen simultaneously.

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Year of publication:	2014-02
Authors:	Chowdhury, Subhasish M. ; Kim, Sang-Hyun
Institutions:	School of Economics, University of East Anglia

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Extent:	application/pdf
Series:	University of East Anglia Applied and Financial Economics Working Paper Series.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series University of East Anglia Applied and Financial Economics Working Paper Series Number 058
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010744559