| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5061040 | Economics Letters | 2009 | 4 Pages |
Abstract
In a standard noisy contest, more competition (more contestants) leads to lower individual equilibrium effort. We show that when contestants can make pre-contest investment to enhance their competency, neither equilibrium investment nor individual effort is monotonic in the number of contestants. Individual effort may increase with the level of participation.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Qiang Fu, Jingfeng Lu,