Contest design and heterogeneity
Rudi Stracke
Economics Letters, 2013, vol. 121, issue 1, 4-7
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.
Keywords: Contest design; Structural variation; Heterogeneity (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:121:y:2013:i:1:p:4-7
DOI: 10.1016/j.econlet.2013.06.029
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