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Why do some sellers auction their goods, while other sellers post a fixed price? My dissertation investigates this question using theoretical, empirical, and experimental methodologies. The first chapter takes the competitive structure of the market as given and examines how the probability that...
Persistent link: https://www.econbiz.de/10009471952
My dissertation is titled 'Creating the Hot Hand Effect with a Grand Prize.' It develops a theory of how the addition of a grand prize for performance in a sequence of tournaments affects agents' effort and participation decisions. The theory's predictions are empirically tested with data from...
Persistent link: https://www.econbiz.de/10009431295