Grossmann, Martin; Dietl, Helmut - In: European Journal of Political Economy 37 (2015) C, pp. 280-287
enter a contest or take their heterogeneous outside options. We derive a critical condition for which only high types, only … low types or both types participate in the contest. If a contest organizer is worried about the type participating in the … contest, then he/she should provide a contest with low noise to attract high types. However, if a contest organizer …