14 research outputs found
A Survey of Experimental Research on Contests, All-Pay Auctions and Tournaments
Many economic, political and social environments can be described as contests in which agents exert costly efforts while competing over the distribution of a scarce resource. These environments have been studied using Tullock contests, all-pay auctions and rankorder tournaments. This survey provides a review of experimental research on these three canonical contests. First, we review studies investigating the basic structure of contests, including the contest success function, number of players and prizes, spillovers and externalities, heterogeneity, and incomplete information. Second, we discuss dynamic contests and multi-battle contests. Then we review research on sabotage, feedback, bias, collusion, alliances, and contests between groups, as well as real-effort and field experiments. Finally, we discuss applications of contests to the study of legal systems, political competition, war, conflict avoidance, sales, and charities, and suggest directions for future research. (author's abstract
Rhodium-Catalyzed Highly Enantio- and Diastereoselective Cotrimerization of Alkenes and Dialkyl Acetylenedicarboxylates Leading to Furylcyclopropanes
Exploring thermocline and water masses variability in southern South China Sea from the World Ocean Database (WOD)
A simple framework for the axiomatization of exponential and quasi-hyperbolic discounting
Experimental comparison of two multiple-stage contest designs with asymmetric players
Two-stage contests, Asymmetric players, Laboratory experiments, Contest design,