Head starts in dynamic tournaments?

C-Tier
Journal: Economics Letters
Year: 2016
Volume: 149
Issue: C
Pages: 94-97

Authors (2)

Denter, Philipp (not in RePEc) Sisak, Dana (Erasmus Universiteit Rotterdam)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

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

Abstract

In promotion contests or other tournament-like situations, a principal may attach some value to the highest effort expended by an agent. We show that whenever agents interact over multiple periods, awarding a head start to one of them is optimal even with completely symmetric agents. Awarding a small head start increases maximum individual effort without decreasing aggregate effort.

Technical Details

RePEc Handle
repec:eee:ecolet:v:149:y:2016:i:c:p:94-97
Journal Field
General
Author Count
2
Added to Database
2026-01-25