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Müller, Daniel - 2013

We analyze the doping behavior of heterogeneous athletes in an environment of private information. In a n-player strategic game, modeled as an all-pay auction, each athlete has private information about his actual physical ability and choses the amount of performance-enhancing drugs. The use of...

Persistent link: https://www.econbiz.de/10009772194

Overconfidence can improve an agent's relative and absolute performance in contests

Ludwig, Sandra; Wichardt, Philipp C.; Wickhorst, Hanke - 2010

This paper suggests a potential rationale for the recent empirical finding that overconfident agents tend to self-select into more competitive environments (e.g. Dohmen and Falk, forthcoming). In particular, it shows that moderate overconfidence in a contest can improve the agent's performance...

Persistent link: https://www.econbiz.de/10008757370

Information acquisition in conflicts

Morath, Florian; Münster, Johannes - 2010

This paper considers incentives for information acquisition ahead of conflicts. First, we characterize the (unique) equilibrium of the all-pay auction between two players with one-sided asymmetric information where one player has private information about his valuation. Then, we use ou rresults...

Persistent link: https://www.econbiz.de/10003950481

Efficiency based measures of inequality

Andonie, Costel; Kuzmics, Christoph; Rogers, Brian - 2014 - Second version, November 5, 2014

How should we make value judgments about wealth inequality? Harsanyi (1953) proposes to take an individual who evaluates her well-being by expected utility and ask her to evaluate the wealth possibilities ex-ante (i.e. before she finds her place in society, i.e., under the "veil of ignorance" of...

Persistent link: https://www.econbiz.de/10010366144

Taxation, social protection, and governance decentralization

Epstein, Gil S.; Gang, Ira N. - 2016

hierarchical contests and comparing the implications of centralized with decentralized governance. Increasing information available …

Persistent link: https://www.econbiz.de/10011539434

Taxation, social protection, and governance decentralization

Epstein, Gil S.; Gang, Ira N. - 2017

hierarchical contests and comparing the implications of centralized with decentralized governance. Increasing information available …

Persistent link: https://www.econbiz.de/10011771541

Taxation, social protection, and governance decentralization

Epstein, Gil S.; Gang, Ira N. - 2017

hierarchical contests and comparing the implications of centralized with decentralized governance. Increasing information available …

Persistent link: https://www.econbiz.de/10011762207

Unequal power and the dynamics of rivalry

Mehlum, Halvor; Moene, Karl Ove - 2016

conditions that induce regime stability can also induce hard conflicts. We show that in contests with incumbent …

Persistent link: https://www.econbiz.de/10011585145

Not all group members are created equal : heterogeneous abilities in inter-group contests

Fallucchi, Francesco; Fatas, Enrique; Kölle, Felix; … - 2018

success of the group. Our main finding is that, in contrast with a number of theoretical predictions, efforts in contests … involving heterogeneous groups are higher than in contests involving only homogeneous groups, leading to reduced earnings (to … contest participants) and increased inequality. This effect is particularly pronounced in asymmetric contests, where both …

Persistent link: https://www.econbiz.de/10011872326

Taxation, social protection, and governance decentralization

Epstein, Gil S.; Gang, Ira N. - 2017

hierarchical contests and comparing the implications of centralized with decentralized governance. Increasing information available …

Persistent link: https://www.econbiz.de/10012124567