Effective Political Contests

Aner Sela and Todd Kaplan

No 6768, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: We study two-stage political contests with private entry costs. We show that these political contests could be ineffective, namely, the chance of low ability candidates participating in the contest might be higher than the chance of high ability candidates participating in the contest (and winning). However, by imposing a costly requirement (fee) on the winner of the contest, one can guarantee that the contest will be effective.

Keywords: All-pay auctions; Contests; Entry costs (search for similar items in EconPapers)
JEL-codes: D44 O31 O33 (search for similar items in EconPapers)
Date: 2008-04
New Economics Papers: this item is included in nep-cdm and nep-pol
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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