This note introduces a model of contests with random noise and a shared prize that combines features of Tullock (1980 …

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 …-pay auctions and rank-order tournaments. This survey provides a comprehensive review of experimental research on these three …

-pay auctions and rank-order tournaments. This survey provides a review of experimental research on these three canonical contests …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 …

. 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 …

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

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

We provide an overview of experimental literature on contests and point out the two main phenomena observed in most …