This paper analyzes the effect of competition in a dynamic contest in which agents of two types (A and B) differ in their expected performances; environments where type A outperforms type B are more frequent than those where B outperforms A. In each period, the population of agents is randomly...

This paper analyzes the effect of competition in a dynamic contest in which agents of two types (A and B) differ in their expected performances; environments where type A outperforms type B are more frequent than those where B outperforms A. In each period, the population of agents is randomly...

There is a blend of various factors on which the hiring of employee is based upon. This paper investigates and interrogates the contribution of physical attractiveness and referrals in the hiring of employee and further ponders on which matters the most from the above outlined variables when an...