contests for technological and other improvements, which are widely used by governments and philanthropic donors to elicit more …

contests for technological and other improvements, which are widely used by governments and philanthropic donors to elicit more …

contests for technological and other improvements, which are widely used by governments and philanthropic donors to elicit more …

I examine the impact of risk preferences on efforts and winning probabilities in generalised Tullock contests between …' comparative prudence under which a higher common level of risk aversion leads to lower aggregate effort in symmetric contests …. Second, I show that for a certain range of parameters in asymmetric contests, higher risk-aversion will be a disadvantage if …

This paper experimentally compares the performance of four simultaneous lottery contests: a grand contest, two multiple … grand contest generates the highest effort levels among all simultaneous contests. In multi-prize settings, equal prizes … produce lower efforts than unequal prizes. The results also support the argument that joint contests generate higher efforts …

-dissipation in both contests. It can also explain why the two-stage contest generates higher revenue than the equivalent one …

Many resource allocation contests have the property that individuals undertake costly actions to appropriate a … contests which are isomorphic under risk-neutrality. The results indicate that in aggregate the single-prize contest generates … indicate similar behavior in the proportional-prize and multi-prize contests, individual level analysis indicates that the …

Many resource allocation contests have the property that individuals undertake costly actions to appropriate a … contests which are isomorphic under riskneutrality. The results indicate that in aggregate the single-prize contest generates … indicate similar behavior in the proportional-prize and multi-prize contests, individual level analysis indicates that the …