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explain delay. For a given contest technology, delay may occur if there is an asymmetry between defense and attack, if the …
Persistent link: https://www.econbiz.de/10005504736
contests. Players may win a prize for winning each component contest, as well as a prize for winning the overall race. Each … component contest is an all-pay auction with complete information. We characterize the unique equilibrium analytically and …
Persistent link: https://www.econbiz.de/10005791548
earn a positive expected payoff from participating in the contest, which may explain why they participate. We also show … ability dispersion selects such players into the contest and favors them in elimination contests. …
Persistent link: https://www.econbiz.de/10005124335
microfoundations, the welfare consequences of rent seeking can be studied. In particular, I show that competition among rent seekers …
Persistent link: https://www.econbiz.de/10005788985
data with representative behavioural data from a social dilemma experiment. We identify which survey questions intended to … survey data is limited by measurement error and by the questionability of their behavioural relevance. Here we present a … interaction among the participants, with a survey of non-interacting respondents in a smooth and inexpensive way. We illustrate …
Persistent link: https://www.econbiz.de/10005661984
We study the design of promotions in an organization where agents belong to groups that advance their cause. Examples and applications include political groups, ethnicities, agents motivated by the work in the public sector and corruption. In an overlapping generations model, juniors compete for...
Persistent link: https://www.econbiz.de/10011145475
There is strong evidence that people exploit their bargaining power in competitive markets but not in bilateral bargaining situations. There is also strong evidence that people exploit free-riding opportunities in voluntary cooperation games. Yet, when they are given the opportunity to punish...
Persistent link: https://www.econbiz.de/10005504682
lecture I briefly survey some recent studies aiming to explain why apparently identical women and men receive such different …
Persistent link: https://www.econbiz.de/10005082540
This paper studies the effects that the revelation of information on the electorate's preferences has on voters' turnout decisions. The experimental data show that closeness in the division of preferences induces a significant increase in turnout. Moreover, for closely divided electorates (and...
Persistent link: https://www.econbiz.de/10005661831
environment. A laboratory experiment is conducted, where trade is found to occur between 16% and 32% of the time, depending on the …
Persistent link: https://www.econbiz.de/10005661979