The optimal allocation of prizes in two-stage contests

被引：1
|
作者：
Alshech, Shahar [1 ]
Sela, Aner [1 ]
机构：
[1] Ben Gurion Univ Negev, Dept Econ, IL-84105 Beer Sheva, Israel
来源：
ECONOMICS LETTERS | 2021年 / 203卷
关键词：
Two-stage contests; Tullock contests; Best-of-two contests;
D O I：
10.1016/j.econlet.2021.109850
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We study two-stage contests in which the designer can award a prize for winning in each stage, and also a prize for winning in both stages. For this purpose, we analyze the optimal allocation of prizes for a designer who wishes to maximize the players' total effort when the matches in each stage are modeled as Tullock contests. It is demonstrated that the prize for winning in both stages should be allocated in the two-stage Tullock contest with two players, but not when there are more than two players. (C) 2021 Elsevier B.V. All rights reserved.
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页数：3
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