“Small, yet Beautiful”: Reconsidering the optimal design of multi-winner contests

B-Tier
Journal: Games and Economic Behavior
Year: 2017
Volume: 104
Issue: C
Pages: 486-493

Authors (2)

Chowdhury, Subhasish M. (not in RePEc) Kim, Sang-Hyun (Yonsei University)

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 reconsider whether a grand multi-winner contest elicits more equilibrium effort than a collection of sub-contests. Fu and Lu (2009) employ a sequential winner-selection mechanism and find support for running a grand contest. We show that this result is completely reversed if a simultaneous winner-selection mechanism or a sequential loser-elimination mechanism is implemented. We then discuss the optimal allocation of players and prizes among sub-contests.

Technical Details

RePEc Handle
repec:eee:gamebe:v:104:y:2017:i:c:p:486-493
Journal Field
Theory
Author Count
2
Added to Database
2026-01-25