Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5061586 | Economics Letters | 2010 | 4 Pages |
Abstract
We find that two-stage contests could be ineffective, namely, there is a higher chance of low-ability players participating (and winning) than high-ability players. However, imposing a fee on the winner can guarantee that the contest will be effective.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Todd R. Kaplan, Aner Sela,