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Lotteries vs. All-Pay Auctions in Fair and Biased Contests

Epstein, Gil S. - 2012

The form of contests for a single fixed prize can be determined by a designer who maximizes the contestants' efforts. This paper establishes that, under common knowledge of the two asymmetric contestants' prize valuations, a fair Tullock-type endogenously determined lottery is always superior to...

Persistent link: https://www.econbiz.de/10013096475

Symmetric and Asymmetric Committees

Ben-Yashar, Ruth - 2011

This paper studies the assignment of decision makers to two committees that make decisions by a simple majority rule. There is an even number of decision makers at each of various skill levels and each committee has an odd number of members. Surprisingly, even with the symmetric assumptions in...

Persistent link: https://www.econbiz.de/10013123565

Politicians, Governed vs. Non-Governed Interest Groups and Rent Dissipation

Epstein, Gil S. - 2014

Government intervention often gives rise to contests and the government can influence their outcome by choosing their type. We consider a contest with two interest groups: one that is governed by a central planner and one that is not. Rent dissipation is compared under two well-known contest...

Persistent link: https://www.econbiz.de/10013061935

Competition, Cooperation, and Collective Choice

Markussen, Thomas - 2012

The ability of groups to implement efficiency-enhancing institutions is emerging as a central theme of research in economics. This paper explores voting on a scheme of intergroup competition which facilitates cooperation in a social dilemma situation. Experimental results show that the...

Persistent link: https://www.econbiz.de/10013104948

The Economics of Altruistic Punishment and the Demise of Cooperation

Egas, Martijn; Riedl, Arno - 2021

Explaining the evolution and maintenance of cooperation among unrelated individuals is one of the fundamental problems in biology and the social sciences. Recent experimental evidence suggests that altruistic punishment is an important mechanism to maintain cooperation among humans. In this...

Persistent link: https://www.econbiz.de/10013318468

Other-Regarding Preferences and Leadership Styles

Kocher, Martin - 2009

We use a laboratory experiment to examine whether and to what extent other-regarding preferences of team leaders … selfishness are more likely to exercise an autocratic leadership style by ignoring preferences of the other team members. Yet … assigned leaders to use a democratic leadership style by reaching team consensus. Male leaders and leaders influenced by group …

Persistent link: https://www.econbiz.de/10012764226

Delegation to a Group

Fehrler, Sebastian; Janas, Moritz - 2023

We study the choice of a principal to either delegate a decision to a group of careerist experts, or to consult them individually and keep the decision-making power. Our model predicts a trade-off between information acquisition and information aggregation. On the one hand, the expected benefit...

Persistent link: https://www.econbiz.de/10014254511

Between-Group Contests Over Group-Specific Public Goods with Within-Group Fragmentation

Dasgupta, Indraneel - 2017

We model a contest between two groups of equal population size over the division of a group-specific public good. Each group is fragmented into sub-groups. Each sub-group allocates effort between production and contestation. There is perfect coordination within sub-groups, but sub-groups cannot...

Persistent link: https://www.econbiz.de/10012950919

When is Voting Optimal?

Ben-Yashar, Ruth - 2014

We consider a framework where the optimal decision rule determining the collective choice depends in a simple way on the decision makers' posterior probabilities of a particular state of nature. Nevertheless, voting is generally an inefficient way to make collective choices and this paper sheds...

Persistent link: https://www.econbiz.de/10013039595

Downstream Effects of Voting on Turnout and Political Preferences : Long-Run Evidence from the UK

Jessen, Jonas; Kühnle, Daniel; Wagner, Markus - 2021

Does voting have downstream consequences for turnout and political preferences? While research initially showed strong support for the notion that the experience of voting fosters civic habits and political engagement, recent work has cast doubt on how universal these patterns are. We contribute...

Persistent link: https://www.econbiz.de/10013231384