Equilibrium learning in simple contests
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Lazear, Edward P & Rosen, Sherwin, 1981.
"Rank-Order Tournaments as Optimum Labor Contracts,"
Journal of Political Economy, University of Chicago Press, vol. 89(5), pages 841-864, October.
- Edward P. Lazear & Sherwin Rosen, 1979. "Rank-Order Tournaments as Optimum Labor Contracts," NBER Working Papers 0401, National Bureau of Economic Research, Inc.
- Margaret A. Meyer, 1991. "Learning from Coarse Information: Biased Contests and Career Profiles," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 58(1), pages 15-41.
- Thomas Piketty, 1995.
"Social Mobility and Redistributive Politics,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 110(3), pages 551-584.
- Thomas Piketty, 1994. "Social Mobility and Redistributive Politics," Working papers 94-15, Massachusetts Institute of Technology (MIT), Department of Economics.
- Solon, Gary, 1999. "Intergenerational mobility in the labor market," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 3, chapter 29, pages 1761-1800, Elsevier.
- Squintani, Francesco & Valimaki, Juuso, 2002. "Imitation and Experimentation in Changing Contests," Journal of Economic Theory, Elsevier, vol. 104(2), pages 376-404, June.
- Godfrey Keller & Sven Rady & Martin Cripps, 2005.
"Strategic Experimentation with Exponential Bandits,"
Econometrica, Econometric Society, vol. 73(1), pages 39-68, January.
- Godfrey Keller & Martin Cripps & Olin School of Business & Washington University & Sven Rady & Department of Economics & University of Munich, 2003. "Strategic Experimentation with Exponential Bandits," Economics Series Working Papers 143, University of Oxford, Department of Economics.
- Cripps, Martin & Keller, Godfrey & Rady, Sven, 2003. "Strategic Experimentation with Exponential Bandits," Discussion Papers in Economics 4, University of Munich, Department of Economics.
- Rady, Sven & Cripps, Martin William & Keller, R Godfrey, 2003. "Strategic Experimentation with Exponential Bandits," CEPR Discussion Papers 3814, C.E.P.R. Discussion Papers.
- Patrick Bolton & Christopher Harris, 1999. "Strategic Experimentation," Econometrica, Econometric Society, vol. 67(2), pages 349-374, March.
- Kalai, Ehud & Lehrer, Ehud, 1995.
"Subjective games and equilibria,"
Games and Economic Behavior, Elsevier, vol. 8(1), pages 123-163.
- Ehud Kalai & Ehud Lehrer, 1993. "Subjective Games and Equilibria: I+," Discussion Papers 1077, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Kalai, Ehud & Lehrer, Ehud, 1993. "Subjective Games and Equilibria," Working Papers 875, California Institute of Technology, Division of the Humanities and Social Sciences.
- Rothschild, Michael, 1974. "A two-armed bandit theory of market pricing," Journal of Economic Theory, Elsevier, vol. 9(2), pages 185-202, October.
- Rosen, Sherwin, 1986.
"Prizes and Incentives in Elimination Tournaments,"
American Economic Review, American Economic Association, vol. 76(4), pages 701-715, September.
- Sherwin Rosen, 1985. "Prizes and Incentives in Elimination Tournaments," NBER Working Papers 1668, National Bureau of Economic Research, Inc.
- Fishman, Arthur & Rob, Rafael, 1998.
"Experimentation and Competition,"
Journal of Economic Theory, Elsevier, vol. 78(2), pages 299-320, February.
- Arthur Fishman & Rafael Rob, "undated". ""Experimentation and Competition''," CARESS Working Papres 97-12, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences.
- Arthur Fishman & Rafael Rob, "undated". "Experimentation and Competition," Penn CARESS Working Papers b530e9a0ad08e45aeff62efaf, Penn Economics Department.
- Maskin, Eric & Tirole, Jean, 2001.
"Markov Perfect Equilibrium: I. Observable Actions,"
Journal of Economic Theory, Elsevier, vol. 100(2), pages 191-219, October.
- Eric Maskin & Jean Tirole, 1997. "Markov Perfect Equilibrium, I: Observable Actions," Harvard Institute of Economic Research Working Papers 1799, Harvard - Institute of Economic Research.
- Easley, David & Kiefer, Nicholas M, 1988. "Controlling a Stochastic Process with Unknown Parameters," Econometrica, Econometric Society, vol. 56(5), pages 1045-1064, September.
- Melissa Osborne & Herbert Gintis & Samuel Bowles, 2001. "The Determinants of Earnings: A Behavioral Approach," Journal of Economic Literature, American Economic Association, vol. 39(4), pages 1137-1176, December.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- James W. Boudreau & Shane Sanders & Nicholas Shunda, 2019.
"The role of noise in alliance formation and collusion in conflicts,"
Public Choice, Springer, vol. 179(3), pages 249-266, June.
- Boudreau, James W. & Sanders, Shane & Shunda, Nicholas, 2017. "The Role of Noise in Alliance Formation and Collusion in Conflicts," MPRA Paper 81533, University Library of Munich, Germany.
- Münster, Johannes, 2008. "Repeated contests with asymmetric information [Wiederholte Wettkämpfe mit asymmetrischer Information]," Discussion Papers, Research Unit: Market Processes and Governance SP II 2008-08, WZB Berlin Social Science Center.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Camargo, Braz, 2014.
"Learning in society,"
Games and Economic Behavior, Elsevier, vol. 87(C), pages 381-396.
- Braz Camargo, 2006. "Learning in Society," 2006 Meeting Papers 435, Society for Economic Dynamics.
- Deimen, Inga & Wirtz, Julia, 2022.
"Control, cost, and confidence: Perseverance and procrastination in the face of failure,"
Games and Economic Behavior, Elsevier, vol. 134(C), pages 52-74.
- Inga Deimen & Julia Wirtz, 2021. "Control, Cost, and Confidence:Perseverance and Procrastination in the Face of Failure," Bristol Economics Discussion Papers 21/738, School of Economics, University of Bristol, UK.
- Fishman, Arthur & Rob, Rafael, 1998.
"Experimentation and Competition,"
Journal of Economic Theory, Elsevier, vol. 78(2), pages 299-320, February.
- Arthur Fishman & Rafael Rob, "undated". ""Experimentation and Competition''," CARESS Working Papres 97-12, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences.
- Arthur Fishman & Rafael Rob, "undated". "Experimentation and Competition," Penn CARESS Working Papers b530e9a0ad08e45aeff62efaf, Penn Economics Department.
- Krähmer, Daniel, 2003. "Learning and self-confidence in contests [Lernen und Selbstvertrauen in Wettkämpfen]," Discussion Papers, Research Unit: Market Processes and Governance SP II 2003-10, WZB Berlin Social Science Center.
- Anja Schöttner & Veikko Thiele, 2010.
"Promotion Tournaments and Individual Performance Pay,"
Journal of Economics & Management Strategy, Wiley Blackwell, vol. 19(3), pages 699-731, September.
- Schöttner, Anja & Thiele, Veikko, 2007. "Promotion tournaments and individual performance pay," SFB 649 Discussion Papers 2007-045, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
- , & ,, 2010.
"Strategic experimentation with Poisson bandits,"
Theoretical Economics, Econometric Society, vol. 5(2), May.
- Sven Rady & Godfrey Keller, 2007. "Strategic Experimentation with Poisson Bandits," 2007 Meeting Papers 332, Society for Economic Dynamics.
- Keller, Godfrey & Rady, Sven, 2009. "Strategic Experimentation with Poisson Bandits," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 260, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Keller, Godfrey & Rady, Sven, 2009. "Strategic Experimentation with Poisson Bandits," Discussion Papers in Economics 10575, University of Munich, Department of Economics.
- Rady, Sven & Keller, R Godfrey, 2009. "Strategic Experimentation with Poisson Bandits," CEPR Discussion Papers 7270, C.E.P.R. Discussion Papers.
- Catherine Haeck & Frank Verboven, 2012.
"The Internal Economics of a University: Evidence from Personnel Data,"
Journal of Labor Economics, University of Chicago Press, vol. 30(3), pages 591-626.
- Verboven, Frank & Haeck, Catherine, 2010. "The Internal Economics of a University - Evidence from Personnel Data," CEPR Discussion Papers 7843, C.E.P.R. Discussion Papers.
- Catherine HAECK & Frank VERBOVEN, 2010. "The internal economics of a university - evidence from personnel data," Working Papers of Department of Economics, Leuven ces10.18, KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven.
- repec:eee:labchp:v:3:y:1999:i:pb:p:2373-2437 is not listed on IDEAS
- Volker Meier, 2004.
"Setting Incentives: Temporary Performance Premiums versus Promotion Tournaments,"
LABOUR, CEIS, vol. 18(4), pages 661-674, December.
- Volker Meier, 2001. "Setting Incentives: Temporary Performance Premiums Versus Promotion Tournaments," CESifo Working Paper Series 432, CESifo.
- Meier, Volker, 2004. "Setting incentives: Temporary performance premiums versus promotion tournaments," Munich Reprints in Economics 19185, University of Munich, Department of Economics.
- Münster, Johannes, 2006. "Selection Tournaments, Sabotage, and Participation," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 118, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Gershkov, Alex & Perry, Motty, 2009.
"Tournaments with midterm reviews,"
Games and Economic Behavior, Elsevier, vol. 66(1), pages 162-190, May.
- Gershkov, Alex & Perry, Motty, 2006. "Tournaments with Midterm Reviews," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 145, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Alex Gershkov & Motty Perry, 2006. "Tournaments with Midterm Reviews," Discussion Paper Series dp414, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem.
- Bergemann, Dirk & Valimaki, Juuso, 2002.
"Entry and Vertical Differentiation,"
Journal of Economic Theory, Elsevier, vol. 106(1), pages 91-125, September.
- Dirk Bergemann & Juuso Valimaki, 2000. "Entry and Vertical Differentiation," Cowles Foundation Discussion Papers 1277, Cowles Foundation for Research in Economics, Yale University.
- Dirk Bergemann & Valimaki Juuso, 2001. "Entry and Vertical Differentiation," Cowles Foundation Discussion Papers 1302, Cowles Foundation for Research in Economics, Yale University.
- Oliver Gürtler, 2006.
"Are 18 Holes Enough for Tiger Woods?,"
Bulletin of Economic Research, Wiley Blackwell, vol. 58(3), pages 267-284, July.
- Gürtler, Oliver, 2005. "Are 18 holes enough for Tiger Woods?," Bonn Econ Discussion Papers 5/2005, University of Bonn, Bonn Graduate School of Economics (BGSE).
- Deimen, Inga & Wirtz, Julia, 2016. "A Bandit Model of Two-Dimensional Uncertainty -- Rationalizing Mindsets," VfS Annual Conference 2016 (Augsburg): Demographic Change 145931, Verein für Socialpolitik / German Economic Association.
- Kräkel, Matthias & Schöttner, Anja, 2012. "Internal labor markets and worker rents," Journal of Economic Behavior & Organization, Elsevier, vol. 84(2), pages 491-509.
- Holmstrom, Bengt R. & Tirole, Jean, 1989. "The theory of the firm," Handbook of Industrial Organization, in: R. Schmalensee & R. Willig (ed.), Handbook of Industrial Organization, edition 1, volume 1, chapter 2, pages 61-133, Elsevier.
- Gürtler, Oliver, 2005. "Are 18 holes enough for Tiger Woods?," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 44, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Alessandro Lizzeri & Eran Shmaya & Leeat Yariv, 2024.
"Disentangling Exploration from Exploitation,"
NBER Working Papers
32424, National Bureau of Economic Research, Inc.
- Lizzeri, Alessandro & Shmaya, Eran & Yariv, Leeat, 2024. "Disentangling Exploration from Exploitation," CEPR Discussion Papers 19058, C.E.P.R. Discussion Papers.
- Alessandro Lizzeri & Eran Shmaya & Leeat Yariv, 2024. "Disentangling Exploration from Exploitation," Papers 2404.19116, arXiv.org.
- Alessandro Lizzeri & Eran Shmaya & Leeat Yariv, 2024. "Disentangling Exploration from Exploitation," Working Papers 334, Princeton University, Department of Economics, Center for Economic Policy Studies..
- Florian Ederer, 2010. "Feedback and Motivation in Dynamic Tournaments," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 19(3), pages 733-769, September.
- Norbert Bach & Oliver Guertler & Joachim Prinz, 2009.
"Incentive Effects in Tournaments with Heterogeneous Competitors – an Analysis of the Olympic Rowing Regatta in Sydney 2000,"
management revue - Socio-Economic Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 20(3), pages 239-253.
- Norbert Bach & Oliver Guertler & Joachim Prinz, 2009. "Incentive Effects in Tournaments with Heterogeneous Competitors – an Analysis of the Olympic Rowing Regatta in Sydney 2000," management revue. Socio-economic Studies, Rainer Hampp Verlag, vol. 20(3), pages 239-253.
- Simina Br^anzei & Yuval Peres, 2019. "Multiplayer Bandit Learning, from Competition to Cooperation," Papers 1908.01135, arXiv.org, revised Jan 2024.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:gamebe:v:59:y:2007:i:1:p:105-131. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/622836 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.