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This paper experimentally tests a number of hypotheses that follow from models of international competition that are based on Tullock style rent-seeking models. Specifically, we designed and performed experiments to see how variations in the degree of publicness in the prize as well as changes...
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This article explores theoretical and experimental implications of using auctions to reward winners of research tournaments. This process is a hybrid of the research tournament for a prize and a first-price auction held after the research is complete. The bids in the auction consist of a vector...
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This article explores theoretical and experimental implications of using auctions to reward winners of research tournaments. This process is a hybrid of the research tournament for a prize and a first-price auction held after the research is complete. The bids in the auction consist of a vector...
Persistent link: https://www.econbiz.de/10014122061
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