| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 7349235 | Economics Letters | 2018 | 5 Pages |
Abstract
We investigate the incentive consequences of introducing the possibility of draws into lottery contests. Equilibrium total effort unambiguously decreases when draws are introduced, whereas the equilibrium expected winner's effort increases when the contestants' valuations of the prize become sufficiently dispersed.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Shanglyu Deng, Xiruo Wang, Zenan Wu,