Title of article
War, labor tournaments, and contest payoffs
Author/Authors
Sherrill Shaffer، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2006
Pages
6
From page
250
To page
255
Abstract
When prizes change with effort, contestants adjust effort to mitigate that change. Net payoffs remain unchanged (respectively, can be larger) if prizes are linear (concave) in effort. Contest designers can facilitate desired outcomes by making the prize concave in effort
Keywords
Contests , Endogenous prize , Labor tournament , war
Journal title
Economics Letters
Serial Year
2006
Journal title
Economics Letters
Record number
436002
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