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contestants. Focusing on the two most widely studied types of contest success functions (deterministic all-pay-auctions and logit … CSFs), we show that an all-pay auction is always the preferred CSF from the point of view of the contest designer. This … result provides a new political-economic micro foundation to some of the most commonly used models in the contest literature …
Persistent link: https://www.econbiz.de/10013138667
In many markets, sellers advertise their good with an asking price. This is a price at which the seller is willing to take his good off the market and trade immediately, though it is understood that a buyer can submit an offer below the asking price and that this offer may be accepted if the...
Persistent link: https://www.econbiz.de/10013087422
contest designer. If the contest can be unfair (structural discrimination is allowed), then the designer's payoff under the …
Persistent link: https://www.econbiz.de/10013096475
receiving aid. Potential recipients must compete for the aid funds. The structure of the competition is important to the donor … recipient countries look at aid availability through this contest as part of the competing objectives they face - some good …, some not good. The donor country prefers a contest under which the aid will only go to one country while the leaders of the …
Persistent link: https://www.econbiz.de/10013325086
This paper offers an eclectic survey of the political economy of labor regulation in the United States at federal and … review, and interjurisdictional competition as well as the implications of union decline. Our analysis should help dispel any …
Persistent link: https://www.econbiz.de/10012779168
This paper aims to measure differences in risk behavior among expert chess players. The study employs a panel data set on international chess with 1.4 million games recorded over a period of 11 years. The structure of the data set allows us to use individual fixed-effect estimations to control...
Persistent link: https://www.econbiz.de/10013147122
This paper analyzes potential gender differences in competitive environments using a sample of over 100,000 professional tennis matches. We focus on two phenomena of the labor and sports economics literature: the hot-hand and clutch-player effects. First, we find strong evidence for the hot-hand...
Persistent link: https://www.econbiz.de/10013024929
We empirically model performance in the final round of a multiple-round tournament as a spatially autoregressive process, allowing us to sign and quantify the endogenous interactions between competitors. Doing so speaks to significant regularities in the data that suggest that a player's own...
Persistent link: https://www.econbiz.de/10012776336
In this note, we present a novel computerized real effort task based on moving sliders across a screen which overcomes many of the drawbacks of existing real effort tasks. The task was first developed and used by us in Gill and Prowse (American Economic Review, forthcoming). We outline the...
Persistent link: https://www.econbiz.de/10013122979
survey and experimental data on a typical recruitment population and then inviting them to participate in a lab experiment …
Persistent link: https://www.econbiz.de/10013099705