This article experimentally studies a two-stage elimination contest and compares its
performance with a one-stage contest. Contrary to the theory, the two-stage contest …

Competitive situations resembling contests are ubiquitous in modern economic landscape.
In a contest, economic agents expend costly effort to vie for limited prizes, and they are …

This paper experimentally compares the performance of four simultaneous lottery contests: a
grand contest, two multiple prize settings (equal and unequal prizes), and a contest which …

Tournaments are widely used in the economy to organize production and innovation. We
study individual data on 2775 contestants in 755 software algorithm development contests …

Contest rules are set up by administrators who frequently have discretionary power in
specifying the details of these rules, ie, they can bias the contest rules toward specific …

Open innovation contests are a popular way to tap into the creativity of customers. Many
firms host multiple, successive open innovation contests in response to different, creative …

Обсуждаются современные тенденции построения комплексных иерархических
моделей военных действий. Для этого сначала приводится краткий навигатор по …

Many sales, sports, and research contests are put in place to maximize contestants'
performance. We investigate and provide a complete characterization of the prize structures …

We show that the optimal prize structure of symmetric n-player Tullock tournaments assigns
the entire prize pool to the winner, provided that a symmetric pure strategy equilibrium …

We consider how past, current, and future competition within an elimination tournament
affect the probability that the stronger player wins. We present a two-stage model that yields …