Article ID Journal Published Year Pages File Type
5060497 Economics Letters 2012 4 Pages PDF
Abstract
► We model two players who compete in two sequential contests. ► Prizes won in contest 1 improve players' abilities in contest 2. ► We derive the prize allocation that maximizes the sum of efforts. ► The optimal winner's share is decreasing in the strength of competition.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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