LaborFirms seeking new products, investors backing competitors, and government agencies in search of design solutions are all examples of different models of contest design found in the marketplace. In PERC’s working paper 1707, Risk and Risk Aversion Effects in Contests with Contingent Payments, authors Liqun Liu, Jack Meyer, Andrew J. Rettenmaier, and Thomas R. Saving analyze contests with contingent payment of costs where only the winner pays for the resources used in the contest
International audienceThis paper studies the role of risk attitudes in determining the optimality of...
We apply an indirect evolutionary approach to players' perceived prize valuations in contests. Evol...
This thesis uses the experimental method to examine how the design of contests and auctions affects ...
In a contest, participants spend money or effort to increase their chances of winning a prize. The a...
A parsimonious model is used to explore the risk-bearing decision under a payoff structure that emph...
We investigate how individual risk preferences affect the likelihood of selecting the more able cont...
"We study contests in which contestants choose both work effort and the variance of output (risk). W...
In modern firms the use of contests as an incentive device is ubiquitous. Nonetheless, recent experi...
It has been established in the literature that, under the assumption of risk-neutral contestants, it...
We design an experiment to test if the manner in which subjects receive the endowment has any bearin...
A parsimonious model is used to explore the risk-bearing decision under a payoff structure that emph...
In the first chapter, I analyze a model of rent-seeking contest where groups compete non-cooperative...
This experiment compares the performance of two contest designs: a standard winnertake- all tourname...
We study selection contests in which the strategic variable is degree of risk rather than amount of ...
We study selection contests in which the strategic variable is degree of risk rather than amount of ...
International audienceThis paper studies the role of risk attitudes in determining the optimality of...
We apply an indirect evolutionary approach to players' perceived prize valuations in contests. Evol...
This thesis uses the experimental method to examine how the design of contests and auctions affects ...
In a contest, participants spend money or effort to increase their chances of winning a prize. The a...
A parsimonious model is used to explore the risk-bearing decision under a payoff structure that emph...
We investigate how individual risk preferences affect the likelihood of selecting the more able cont...
"We study contests in which contestants choose both work effort and the variance of output (risk). W...
In modern firms the use of contests as an incentive device is ubiquitous. Nonetheless, recent experi...
It has been established in the literature that, under the assumption of risk-neutral contestants, it...
We design an experiment to test if the manner in which subjects receive the endowment has any bearin...
A parsimonious model is used to explore the risk-bearing decision under a payoff structure that emph...
In the first chapter, I analyze a model of rent-seeking contest where groups compete non-cooperative...
This experiment compares the performance of two contest designs: a standard winnertake- all tourname...
We study selection contests in which the strategic variable is degree of risk rather than amount of ...
We study selection contests in which the strategic variable is degree of risk rather than amount of ...
International audienceThis paper studies the role of risk attitudes in determining the optimality of...
We apply an indirect evolutionary approach to players' perceived prize valuations in contests. Evol...
This thesis uses the experimental method to examine how the design of contests and auctions affects ...