Repeated Contests with Asymmetric Information
نویسندگان
چکیده
منابع مشابه
Repeated contests with asymmetric information
The same contestants often meet repeatedly in contests. Behavior in a contest potentially provides information with regard to ones type and can therefore inuence the behavior of the opponents in later contests. This paper shows that if e¤ort is observable, this can induce a ratchet e¤ect in contests: high ability contestants sometimes put in little e¤ort in an early round in order to make the...
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ژورنال
عنوان ژورنال: Journal of Public Economic Theory
سال: 2009
ISSN: 1097-3923,1467-9779
DOI: 10.1111/j.1467-9779.2008.01398.x