Q Fu, Z Wu, Y Zhu - Journal of Economic Theory, 2022 - Elsevier
The generalized multiple-prize nested lottery contest framework has been broadly applied to model noisy competitions that award prizes to multiple recipients. Assuming homogeneous …
Q Fu, X Wang, Z Wu - Games and Economic Behavior, 2021 - Elsevier
This paper studies a multi-prize imperfectly discriminatory contest with symmetric risk-averse contestants. Adopting a multi-winner nested Tullock contest model, we first establish the …
We extend previous theoretical work on n-player complete information all-pay auctions to incorporate heterogeneous risk-and loss-averse utility functions. We provide sufficient and …
X Feng - International Journal of Game Theory, 2023 - Springer
In this paper, we accommodate the costly entry of contestants and examine an information design problem when the organizer can decide how to generate contestants' private …
T Kesselheim, B Kodric - arXiv preprint arXiv:1804.09468, 2018 - arxiv.org
We study the price of anarchy of mechanisms in the presence of risk-averse agents. Previous work has focused on agents with quasilinear utilities, possibly with a budget. Our …
E Hart, J Avrahami, Y Kareev - Judgment and Decision Making, 2016 - cambridge.org
In many competitive situations, our investments increase our gains: Developing better products or research proposals may lead to higher contracts or patents or larger grants …
The dissertation consists of four chapters. The first two chapters are devoted to exploring information acquisition and disclosure in contests. The third chapter is devoted to exploring …
Competitions are ubiquitous in plant, animal and human societies–for food, living space, mates; in schools, in the workplace, in sports, in research and development enterprises, in …