Risk taking in selection contests
نویسندگان
چکیده
We study selection contests in which the strategic variable is the degree of risk rather than the amount of effort. The selection efficiency of such contests is examined. We show that the selection efficiency of a contest may be improved by limiting the competition in two ways; a) by having a small number of contestants, and b) by restricting contestant quality. JEL Classification: C44, D29, D83, J41
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ورودعنوان ژورنال:
- Games and Economic Behavior
دوره 42 شماره
صفحات -
تاریخ انتشار 2003