Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5059076 | Economics Letters | 2014 | 4 Pages |
Abstract
â¢We study contests where the designer wishes the winner to have high ability.â¢A head start should be given randomly when the contestants are ex-ante identical.â¢A head start should be given to the one who is more likely to have high ability.
This note shows that when the designer of a contest wishes the winner have high ability, she is better off giving a head start to one of the contestants even if they are ex-ante identical. If the contestants are ex-ante asymmetric, the designer should give a head start to the one who is more likely to have high ability.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Kohei Kawamura, Inés Moreno de Barreda,