Contests—a comparison of timing and information structures

B-Tier
Journal: Public Choice
Year: 2012
Volume: 153
Issue: 3
Pages: 341-355

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We study a model of imperfectly discriminating contests with two ex ante symmetric agents. We consider four institutional settings: Contestants move either sequentially or simultaneously and in addition their types are either public or private information. We find that an effort-maximizing designer of the contest prefers the sequential to the simultaneous setting from an ex ante perspective. Moreover, the sequential contest Pareto dominates the simultaneous one when the contestants’ types are sufficiently negatively correlated. Regarding the information structure, the designer ex ante prefers private information while the contestants prefer public information. Copyright Springer Science+Business Media, LLC 2012

Technical Details

RePEc Handle
repec:kap:pubcho:v:153:y:2012:i:3:p:341-355
Journal Field
Public
Author Count
1
Added to Database
2026-01-25