We study the design of information disclosure in a dynamic multi-agent research contest, where each agent privately searches for innovations and submits his best to compete for a winner-takes-all prize. We find that although submission is a onetime event for each agent, different disclosure...

In an earlier paper published in this journal, Azrieli and Jain (2018) claim that a social choice function (SCF) is symmetrically implementable in a dominant strategy equilibrium only if the SCF is symmetric. This result crucially relies on their notion of dominant strategy, which is used in the...

In multi-round elimination tournaments, players experience "psychological momentum". We re-consider the design of elimination tournament plan, by taking into account of various types of psychological momentum. The results show that if there is negative psychological momentum, either persistent...

This paper introduces a relative performance prize scheme to best-of-N contests. We develop a theoretical model of the best-of-N contest with intermediate prizes distributed based on the players' relative performance. The model predicts that a relative performance prize scheme both increases the...

This paper investigates the impact of birth spacing on female labor market participation in urban China. Employing household panel surveys between 1989 and 2011 and exploiting variations in time intervals between the first and second child, we find that spacing births at longer intervals...

It is well known that the US political parties hold opposing views on many economic policies and foreign policies. Since China has become the largest trading partner of the US, the operation of the US-China bilateral relationship has developed into an essential and sensitive political issue that...

We study all-pay auctions with one-sided private information and interdependent valuations. To sharpen the competition and maximize revenue, the auction organizer can design an information disclosure policy through Bayesian persuasion about the bidder with private information. We characterize...