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Persistent link: https://www.econbiz.de/10005674687
their efforts. We assume that student preferences are homogeneous over colleges. By modeling college admissions as contests …
Persistent link: https://www.econbiz.de/10010413636
We study a college admissions problem in which colleges accept students by ranking students’ efforts in entrance exams. Students’ ability levels affect the cost of their efforts. We solve and compare the equilibria of “centralized college admissions” (CCA) where students apply to all...
Persistent link: https://www.econbiz.de/10011437881
four prizes of different size and compare it to "parallel" contests with the same prizes, but where participants have to … same prize. Despite the theoretical predictions, the parallel contests lead to higher efforts for all players, but mainly … by lower-ability players. Division of prizes leads to the predicted effects. In parallel contests, too many players …
Persistent link: https://www.econbiz.de/10011574129
We study a college admissions problem in which colleges accept students by ranking students' efforts in entrance exams. Students' ability levels affect the cost of their efforts. We solve and compare equilibria of "centralized college admissions" (CCA) where students apply to all colleges and...
Persistent link: https://www.econbiz.de/10012138431
Persistent link: https://www.econbiz.de/10012814961
This paper deals with double lobbying: several bureaucrats participate in joint lobbying to get a high total … departmental budget, but they also engage in antagonistic lobbying to reap as high a share of the total budget as possible. The … antagonistic lobbying constitutes a contest among the bureaucrats. This paper characterizes the Nash equilibria in lobbying and …
Persistent link: https://www.econbiz.de/10011514012
details, which leads to mistrust. We argue that lack of transparency may explain high dropout rates in Ghana and other …
Persistent link: https://www.econbiz.de/10012150163
I consider a model in which an asset owner must decide how much to invest in his asset mindful of the fact that an encroacher's valuation of the asset is increasing in the asset owner's investment. Due to incomplete property rights, the encroacher and asset owner engage in a contest over the...
Persistent link: https://www.econbiz.de/10010265975
We study a college admissions problem in which colleges accept students by ranking students' efforts in entrance exams. Students' ability levels affect the cost of their efforts. We solve and compare equilibria of “centralized college admissions” (CCA) where students apply to all colleges...
Persistent link: https://www.econbiz.de/10012143456