Contest design and heterogeneity

I show that the effect of heterogeneity on contest investments depends on the structure of the competition, which implies that heterogeneity matters for optimal contest design. This insight helps to explain empirical evidence on the comparison of different contest structures.

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Year of publication:	2013
Authors:	Stracke, Rudi
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 121.2013, 1, p. 4-7
Publisher:	Elsevier
Subject:	Contest design \| Structural variation \| Heterogeneity

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010702794