Nominees, winners and losers

Victor Ginsburgh and Sheila Weyers

ULB Institutional Repository from ULB -- Universite Libre de Bruxelles

Abstract: The paper tries to convey the idea that choosing a winner among a group of nominees or short-listed candidates may hurt those who bestow prizes, those who are selected, as well as those who base their own choices on the ranking. We base our observations on examples of contests (movies, literature, and music) in which winners often turn out not to be better than nominees. Our suggestion is therefore to select, say five candidates, and not to rank them, but reward all nominees equally.

Keywords: Awards; Contests; Prizes; Ranking (search for similar items in EconPapers)
Date: 2013
Note: SCOPUS: ar.j
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Published in: Journal of cultural economics (2013)

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Related works:
Journal Article: Nominees, winners, and losers (2014)
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