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  • Search: subject:"Deterministic/proportional/optimal prizes"
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Deterministic/proportional/optimal prizes 1 Games of complete/incomplete information 1 Individually rational strategies 1 Nash equilibrium 1
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Free 1
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Book / Working Paper 1
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Dubey, Pradeep 1 Sahi, Siddhartha 1
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Cowles Foundation for Research in Economics, Yale University 1
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The Allocation of a Prize (R)
Dubey, Pradeep; Sahi, Siddhartha - Cowles Foundation for Research in Economics, Yale University - 2012
Consider agents who undertake costly effort to produce stochastic outputs observable by a principal. The principal can award a prize deterministically to the agent with the highest output, or to all of them with probabilities that are proportional to their outputs. We show that, if there is...
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