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from each contest in a laboratory experiment. Equilibrium and observed efforts are highest in winner-take-all contests …
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This experiment compares the performance of two contest designs: a standard winner-take-all tournament with a single …
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-breaking rules can reduce discouragement and increase the designer's revenue. We test these predictions in a laboratory experiment …
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in an experiment. Our data show that indeed, strengthening weaker contestants through tie-breaks and bid …
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