Article ID Journal Published Year Pages File Type
5060408 Economics Letters 2012 4 Pages PDF
Abstract
► Power in an organization is a prize in a contest between members. ► The members' contributions determine success in the contest. ► A contest with reimbursements increases voluntary contributions. ► A necessary condition for collective efficiency is characterized. ► Efficient contests are highly but not perfectly discriminative.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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