Contest design and heterogeneity
Rudi Stracke
Munich Reprints in Economics from University of Munich, Department of Economics
Abstract:
I show that the effect of heterogeneity on contest investments depends on the structure of the competition, which implies that heterogeneity matters for optimal contest design. This insight helps to explain empirical evidence on the comparison of different contest structures.
Date: 2013
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Published in Economics Letters 1 121(2013): pp. 4-7
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Persistent link: https://EconPapers.repec.org/RePEc:lmu:muenar:19571
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