We consider multi-stage elimination contests, where agents’ efforts at different stages generate some output for the organizers. Depending on the output function we characterize the optimal prize structure of the tournament and show that it is almost efficient. We have found that in some cases...

The urgency of structural modernization of the industry on the present stage of its development and the need of improvement of the state industrial policy are justified in the paper. Contents of the terms \"industrial structure\", \"optimal structure\", and \"industrial structure\" are...

We consider multi-stage elimination contests, where agents efforts at different stages generate some output for the organizers. Depending on the output function we characterize the optimal prize structure of the tournament and show that it is almost efficient. We have found that in some cases...