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The characteristics of endogenously determined sharing rules and the group-size paradox are studied in a model of group contest with the following features: (i) The prize has mixed private-public good characteristics. (ii) Groups can differ in marginal cost of effort and their membership size....
Persistent link: https://www.econbiz.de/10013128769
The characteristics of endogenously determined sharing rules and the group-size paradox are studied in a model of group contest with the following features: (i) The prize has mixed privatepublic good characteristics. (ii) Groups can differ in marginal cost of effort and their membership size....
Persistent link: https://www.econbiz.de/10003962736
We investigate the effect of a donation incentive tied to contributions to a public good when group members can decide on the size of the donation to be made. An up to 20 % donation of the public good was implemented either exogenously or endogenously by group members. In the Vote treatment,...
Persistent link: https://www.econbiz.de/10012494092
Persistent link: https://www.econbiz.de/10009243410
attaining the lower winning probability is the one choosing the rule giving higher incentives to the members. -- collective …
Persistent link: https://www.econbiz.de/10008697815
attaining the lower winning probability is the one choosing the rule giving higher incentives to the members …
Persistent link: https://www.econbiz.de/10013316145
What makes people willing to pay costs to help others, and to punish others’ selfishness? Why does the extent of such …
Persistent link: https://www.econbiz.de/10014035336
We examine theoretically and experimentally how combining between-team and within-team incentives affects behavior in … team tournaments. Theory predicts that free-riding is likely to occur when there are only between-team incentives, and … offering within-team incentives may solve this problem. However, if individuals collude, then within-team incentives may not be …
Persistent link: https://www.econbiz.de/10012921253
We show that the optimal prize structure of symmetric n-player Tullock tournaments assigns the entire prize pool to the winner, provided that a symmetric pure strategy equilibrium exists. If such an equilibrium fails to exist under the winner-take-all structure, we construct the optimal prize...
Persistent link: https://www.econbiz.de/10010343930
We report results from the first experimental study of round-robin tournaments. In our experiment, we investigate how the prize structure affects the intensity, fair-ness, and dynamic behavior in sequential round-robin tournaments with three players. We compare tournaments with a second prize...
Persistent link: https://www.econbiz.de/10013293842