Search Results - subject:"Budget constrains"

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Sequential contests with synergy and budget constraints

Megidish, Reut; Sela, Aner - In: Social Choice and Welfare 42 (2014) 1, pp. 215-243

We study a sequential Tullock contest with two stages and two identical prizes. The players compete for one prize in each stage and each player may win either one or two prizes. The players have either decreasing or increasing marginal values for the prizes, which are commonly known, and there...

Persistent link: https://www.econbiz.de/10010759628

预算软约束与高等学校财务困境

Huang, Weiting - Volkswirtschaftliche Fakultät, … - 2007

This article modeled the soft budget constrains of higher education schools in the framework of Dewatripont & Maskin … budget constrains. From the model, the author conclude several approach to hardening the budget constrain of universities …

Persistent link: https://www.econbiz.de/10005836100

MULTI-STAGE SEQUENTIAL ALL-PAY AUCTIONS

Sela, Aner; Segev, Ella - Economics Department, Ben Gurion University of the Negev - 2012

We study multi-stage sequential all-pay contests (auctions) where heterogeneous contestants are privately informed about a parameter (ability) that affects their cost of effort. We characterize the Perfect Baysian equilibrium of these multi-stage sequential all-pay contests and analyze the...

Persistent link: https://www.econbiz.de/10011272232

SEQUENTIAL CONTESTS WITH SYNERGY AND BUDGET CONSTRAINTS

Sela, Aner; Megidish, Reut - Economics Department, Ben Gurion University of the Negev - 2012

Persistent link: https://www.econbiz.de/10011272261