Additive multi-effort contests
نویسندگان
چکیده
منابع مشابه
Contests with productive effort
I consider competitions in which, conditional on winning or losing, the effort exerted by a competitor does not necessarily decrease his payoff. This happens, for example, in competitions for promotions in which workers are intrinsically motivated, and in research and development races in which better performance implies a higher payoff from winning. I characterize players’ equilibrium payoffs ...
متن کاملReduced prizes and increased effort in contests
We study the general class of two-player public-policy contests and specify the asymmetry condition under which a more restrained government intervention that reduces the contestants’ prizes has the "perverse" effect of increasing their aggregate lobbying efforts.
متن کاملEffort and Performance in Public-policy Contests
Government intervention often gives rise to contests in which the possible ‘prizes’ are determined by the existing status-quo and some new publicpolicy proposal . In this paper we study the general class of such two-player public-policy contests and examine the effect of a change in the proposed policy, a change that may affect the payoffs of the two contestants, on their effort and performance...
متن کاملAll-Pay Contests with Productive Effort
I consider competitions in which, conditional on winning or losing, the effort exerted by a competitor does not necessarily decrease his payoff. This happens, for example, in competitions for promotions in which workers are intrinsically motivated, and in research and development races in which better performance implies a higher payoff from winning. I characterize players’ equilibrium payoffs ...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Theory and Decision
سال: 2020
ISSN: 0040-5833,1573-7187
DOI: 10.1007/s11238-020-09749-1