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We study the design of information disclosure in a dynamic multi-agent research contest, where each agent privately searches for innovations and submits his best to compete for a winner-takes-all prize. We find that although submission is a onetime event for each agent, different disclosure...
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The contest entails one prize and n potential bidders. Each bidder receives a signal about the value of the prize and has a signal-dependent probability of participation. All bidders bear a cost of bidding that is an increasing function of their bids. It is shown that the contest organizer...
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This paper investigates how externalities from downstream competition shape sorting in upstream labor markets. We model it as a two-stage game: A first stage of simultaneous 1-to-1 matching between firms and managers and a second stage of Cournot competition among matched pairs. If firm...
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