Entry into winner-take-all and proportional-prize contests: An experimental study

A-Tier
Journal: Journal of Public Economics
Year: 2010
Volume: 94
Issue: 9-10
Pages: 604-611

Score contribution per author:

1.341 = (α=2.01 / 3 authors) × 2.0x A-tier

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

Abstract

This experiment compares the performance of two contest designs: a standard winner-take-all tournament with a single fixed prize, and a novel proportional-payment design in which that same prize is divided among contestants by their share of total achievement. We find that proportional prizes elicit more entry and more total achievement than the winner-take-all tournament. The proportional-prize contest performs better by limiting the degree to which heterogeneity among contestants discourages weaker entrants, without altering the performance of stronger entrants. These findings could inform the design of contests for technological and other improvements, which are widely used by governments and philanthropic donors to elicit more effort on targeted economic and technological development activities.

Technical Details

RePEc Handle
repec:eee:pubeco:v:94:y:2010:i:9-10:p:604-611
Journal Field
Public
Author Count
3
Added to Database
2026-01-25