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Persistent link: https://www.econbiz.de/10012289868
. Lotteries and proportional-prize contests have the same Nash equilibrium, but empirically, lotteries induce higher efforts and …This study provides a unified framework to compare three canonical types of contests: winner-take-all contests won by … the best performer, winner-take-all lotteries where probability of success is proportional to performance, and …
Persistent link: https://www.econbiz.de/10012940281
-stage) elimination contests. Theoretical results show that, for risk-neutral participants, a structure with a single prize for the winner …
Persistent link: https://www.econbiz.de/10010260060
members in intergroup contests. I find that members follow the nonbinding investment recommendations of their group manager in …
Persistent link: https://www.econbiz.de/10010340540
In intergroup contests a manager advises and motivates her group’s members. Her rewards often depend on the subsequent …
Persistent link: https://www.econbiz.de/10010883486
Numerous studies suggest that communication may be a universal means to mitigate collective action problems. In this study, we challenge this view and show that the communication structure crucially determines whether communication mitigates or intensifies rent-seeking for pure public goods. We...
Persistent link: https://www.econbiz.de/10011048619
In intergroup contests a manager advises and motivates her group’s members. Her rewards often depend on the subsequent …
Persistent link: https://www.econbiz.de/10010753312
Numerous studies suggest that communication may be a universal means to mitigate collective action problems. In this study, we challenge this view and show that the communication structure crucially determines whether communication mitigates or intensifies the problem of collective action. We...
Persistent link: https://www.econbiz.de/10008675292
The heterogeneous effort supply in intergroup contests explains why groups have a manager. However, the objectives of …
Persistent link: https://www.econbiz.de/10010632915
Numerous studies suggest that communication may be a universal means to mitigate collective action problems. In this study, we challenge this view and show that the communication structure crucially determines whether communication mitigates or intensifies the problem of collective action. We...
Persistent link: https://www.econbiz.de/10008688486