Contest with pre-contest investment

C-Tier
Journal: Economics Letters
Year: 2009
Volume: 103
Issue: 3
Pages: 142-145

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 a standard noisy contest, more competition (more contestants) leads to lower individual equilibrium effort. We show that when contestants can make pre-contest investment to enhance their competency, neither equilibrium investment nor individual effort is monotonic in the number of contestants. Individual effort may increase with the level of participation.

Technical Details

RePEc Handle
repec:eee:ecolet:v:103:y:2009:i:3:p:142-145
Journal Field
General
Author Count
2
Added to Database
2026-01-25