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Contests with Random Noise and a Shared Prize

Sheremeta, Roman; Masters, William; Cason, Timothy - Volkswirtschaftliche Fakultät, … - 2009

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

Behavior in Contests

Sheremeta, Roman - Volkswirtschaftliche Fakultät, … - 2014

Standard theoretical prediction is that rational economic agents participating in rent-seeking contests should engage …

Persistent link: https://www.econbiz.de/10011109372

Behavioral Dimensions of Contests

Sheremeta, Roman - Volkswirtschaftliche Fakultät, … - 2014

The standard theoretical description of rent-seeking contests is that of rational individuals or groups engaging in …

Persistent link: https://www.econbiz.de/10011111074

A Survey of Experimental Research on Contests, All-Pay Auctions and Tournaments

Dechenaux, Emmanuel; Kovenock, Dan; Sheremeta, Roman - Volkswirtschaftliche Fakultät, … - 2014

Many economic, political and social environments can be described as contests in which agents exert costly efforts … while competing over the distribution of a scarce resource. These environments have been studied using Tullock contests, all … canonical contests. First, we review studies investigating the basic structure of contests, including the number of players and …

Persistent link: https://www.econbiz.de/10011111456

Overbidding and Heterogeneous Behavior in Contest Experiments

Sheremeta, Roman - Volkswirtschaftliche Fakultät, … - 2013

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

The Economics of doping

Berentsen, Aleksander - Volkswirtschaftliche Fakultät, … - 2002

This paper considers a strategic game in which two players, with unequal prospects of winning the game, decide simultaneously and secretly to use performance-enhancing drugs before they compete. In the mixed strategy equilibrium, the favorite player is more likely to take these drugs than is the...

Persistent link: https://www.econbiz.de/10011111884

Side-Payments and the Costs of Conflict

Kimbrough, Erik; Sheremeta, Roman - Volkswirtschaftliche Fakultät, … - 2013

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

Essays on Experimental Investigation of Lottery Contests

Sheremeta, Roman - Volkswirtschaftliche Fakultät, … - 2009

. 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

Why can’t we be friends? Entitlements and the costs of conflict

Kimbrough, Erik; Sheremeta, Roman - Volkswirtschaftliche Fakultät, … - 2014

We design an experiment to explore the impact of earned entitlements on the frequency and intensity of conflicts in a two-stage conflict game where players may attempt to use non-binding side-payments to avoid conflict. In this game, Proposers make offers and Responders decide simultaneously...

Persistent link: https://www.econbiz.de/10011260731

American Idol: Should it be a Singing Contest or a Popularity Contest?

Amegashie, J. Atsu - Volkswirtschaftliche Fakultät, … - 2007

In the very popular FOX TV reality show, American Idol, the judges, who are presumably experts in evaluating singing effort, have no voting power when the field is narrowed to the top twenty-four contestants. It is only the votes of viewers that count. In the 2007 season of the show, Simon...

Persistent link: https://www.econbiz.de/10011267901