| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5078147 | International Journal of Industrial Organization | 2013 | 10 Pages |
Abstract
⺠We conduct an experimental analysis of a best-of-three Tullock contest. ⺠Intermediate prizes lead to higher efforts. ⺠Increasing the role of luck leads to lower efforts. ⺠Both intermediate prizes & luck reduce probability of contest ending in 2 rounds. ⺠Pattern of efforts is consistent with strategic (not psychological) momentum.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Shakun D. Mago, Roman M. Sheremeta, Andrew Yates,