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&D races, lobbying activity and sport contests are captured by this framework. After analyzing the unique mixed strategy …
Persistent link: https://www.econbiz.de/10011114126
how search engine optimization affects sites' investment in content and find that it can lead to underinvestment as a …
Persistent link: https://www.econbiz.de/10008615611
Using contests to generate innovation has and is widely used. Such contests often involve offering a prize that depends …
Persistent link: https://www.econbiz.de/10008764687
This paper models a contest where several sellers compete for a contract with a single buyer. There are several styles of possible designs with a subset of them preferred by the buyer. We examine what happens when the buyer communicates information about his preferences. If the sellers are...
Persistent link: https://www.econbiz.de/10008472230
This note introduces a model of contests with random noise and a shared prize that combines features of Tullock (1980 …
Persistent link: https://www.econbiz.de/10011108366
Standard theoretical prediction is that rational economic agents participating in rent-seeking contests should engage …
Persistent link: https://www.econbiz.de/10011109372
The standard theoretical description of rent-seeking contests is that of rational individuals or groups engaging in …
Persistent link: https://www.econbiz.de/10011111074
We provide an overview of experimental literature on contests and point out the two main phenomena observed in most …
Persistent link: https://www.econbiz.de/10011111684
Conflict and competition often impose costs on both winners and losers, and conflicting parties may prefer to resolve the dispute before it occurs. The equilibrium of a conflict game with side-payments predicts that with binding offers, proposers make and responders accept side-payments,...
Persistent link: https://www.econbiz.de/10011112071
. The variety of economic situations that can be described as contests has attracted enormous attention from economic … theorists. Despite the extensive theoretical research of contests, very little empirical research has been done to evaluate the … simultaneous lottery contests: a grand contest, two multiple prize settings (equal and unequal prizes), and a contest which …
Persistent link: https://www.econbiz.de/10011259262