Information feedback in a dynamic tournament

B-Tier
Journal: Games and Economic Behavior
Year: 2010
Volume: 70
Issue: 2
Pages: 242-260

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

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

Abstract

This paper studies the problem of information revelation in a multi-stage tournament where the agents' effort in each stage gives rise to a stochastic performance signal privately observed by the principal. The principal controls the agents' effort incentive through the use of a feedback policy, which transforms his private information into a public announcement. The optimal feedback policy is one that maximizes the agents' expected effort. The paper identifies when the principal should use the no-feedback policy that reveals no information, or the full-feedback policy that reveals all his information.

Technical Details

RePEc Handle
repec:eee:gamebe:v:70:y:2010:i:2:p:242-260
Journal Field
Theory
Author Count
1
Added to Database
2026-01-24