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Overbidding and overspreading in rent-seeking experiments: Cost structure and prize allocation rules

Chowdhury, Subhasish M.; Sheremeta, Roman M.; Turocy, … - In: Games and Economic Behavior 87 (2014) C, pp. 224-238

-seeking contests. Most previous studies use a lottery prize rule and linear cost, and find both overbidding relative to the Nash …

Persistent link: https://www.econbiz.de/10010931195

Overbidding and overspreading in rent-seeking experiments : cost structure and prize allocation rules

Chowdhury, Subhasish M.; Sheremeta, Roman M.; Turocy, … - In: Games and economic behavior 87 (2014), pp. 224-238

Persistent link: https://www.econbiz.de/10011304953

Strategically equivalent contests

Chowdhury, Subhasish M.; Sheremeta, Roman M. - In: Theory and decision : an international journal for … 78 (2015) 4, pp. 587-601

Persistent link: https://www.econbiz.de/10011485015

Designing contests between heterogeneous contestants : an experimental study of tie-breaks and bid-caps in all-pay auctions

Llorente-Saguer, Aniol; Sheremeta, Roman M.; Szech, Nora - 2016

A well-known theoretical result in the contest literature is that greater heterogeneity decreases performance of contestants because of the "discouragement effect." Leveling the playing field by favoring weaker contestants through bid-caps and favorable tie-breaking rules can reduce the...

Persistent link: https://www.econbiz.de/10011473887

Designing contests between heterogeneous contestants : an experimental study of tie-breaks and bid-caps in all-pay auctions

Llorente-Saguer, Aniol; Sheremeta, Roman M.; Szech, Nora - In: European economic review : EER 154 (2023), pp. 1-16

Persistent link: https://www.econbiz.de/10014438441