The first-order approach in rank-order tournaments

C-Tier
Journal: Economics Letters
Year: 2011
Volume: 111
Issue: 3
Pages: 185-187

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

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

Abstract

The first-order approach in rank-order tournaments is addressed. It is demonstrated that the conditions given in the literature are not sufficient to guarantee concavity of agents' objective functions. Additional conditions are provided that ensure validity of the first-order approach.

Technical Details

RePEc Handle
repec:eee:ecolet:v:111:y:2011:i:3:p:185-187
Journal Field
General
Author Count
1
Added to Database
2026-01-25