DISCRIMINATION IN A MODEL OF CONTESTS WITH INCOMPLETE INFORMATION ABOUT ABILITY

B-Tier
Journal: International Economic Review
Year: 2016
Volume: 57
Issue: 3
Pages: 881-914

Authors (2)

David Pérez‐Castrillo (not in RePEc) David Wettstein (not in RePEc)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

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

Abstract

We study contests with private information and identical contestants, where contestants' efforts and innate abilities generate output of varying qualities. The designer's revenue depends on the quality of the output, and she offers a reward to the contestant achieving the highest quality. We characterize the equilibrium behavior, outcomes, and payoffs for both nondiscriminatory and discriminatory (where the reward is contestant‐dependent) contests. We derive conditions under which the designer obtains a larger payoff when using a discriminatory contest and describe settings, where these conditions are satisfied.

Technical Details

RePEc Handle
repec:wly:iecrev:v:57:y:2016:i:3:p:881-914
Journal Field
General
Author Count
2
Added to Database
2026-01-28