Dynamic Multi‐Activity Contests

B-Tier
Journal: Scandanavian Journal of Economics
Year: 2012
Volume: 114
Issue: 2
Pages: 520-538

Authors (2)

Maria Arbatskaya (Emory University) Hugo M. Mialon (not in RePEc)

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 develop a model of dynamic multi‐activity contests. Players simultaneously choose efforts in long‐run activities, observe each other's efforts in these activities, and then simultaneously choose efforts in short‐run activities. A player's long‐run and short‐run efforts complement each other in determining the player's probability of winning. We compare the outcomes of this two‐stage model to those of the corresponding model in which players choose efforts in all activities simultaneously. Interestingly, effort expenditures are always lower in the sequential multi‐activity contest than in the simultaneous multi‐activity contest. The implications of this result for the organization of military, litigation, innovation, academic, and sporting contests are highlighted.

Technical Details

RePEc Handle
repec:bla:scandj:v:114:y:2012:i:2:p:520-538
Journal Field
General
Author Count
2
Added to Database
2026-01-24