IDEAS home Printed from https://ideas.repec.org/a/kap/pubcho/v173y2017i1d10.1007_s11127-017-0467-3.html
   My bibliography  Save this article

Sequential contests revisited

Author

Listed:
  • Marco Serena

    (Max Planck Institute for Tax Law and Public Finance)

Abstract

In a past issue of this journal, Morgan (Public Choice 116:1–18, 2003) finds that aggregate effort is greater in sequential than in simultaneous lottery contests. We show that Morgan’s result is incorrect owing to a slip in a proof, and that aggregate effort turns out to be greater in sequential contests only if the contestants are sufficiently homogeneous. Additionally, we discuss the robustness of the corrected result to different specifications of the contest success function, and we partially restore Morgan’s case for sequential contests by showing that these contests are more desirable when maximizing only the effort of the winner, rather than maximizing the aggregate effort.

Suggested Citation

  • Marco Serena, 2017. "Sequential contests revisited," Public Choice, Springer, vol. 173(1), pages 131-144, October.
    • Handle: RePEc:kap:pubcho:v:173:y:2017:i:1:d:10.1007_s11127-017-0467-3
    DOI: 10.1007/s11127-017-0467-3
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s11127-017-0467-3
    File Function: Abstract
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1007/s11127-017-0467-3?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Stergios Skaperdas, 1996. "Contest success functions (*)," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 7(2), pages 283-290.
    2. Morgan, John, 2003. "Sequential Contests," Public Choice, Springer, vol. 116(1-2), pages 1-18, July.
    3. Serena, Marco, 2017. "Quality contests," European Journal of Political Economy, Elsevier, vol. 46(C), pages 15-25.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Hinnosaar, Toomas, 2024. "Optimal sequential contests," Theoretical Economics, Econometric Society, vol. 19(1), January.
    2. Kahana, Nava & Klunover, Doron, 2018. "Sequential lottery contests with multiple participants," Economics Letters, Elsevier, vol. 163(C), pages 126-129.
    3. Konstantinos Protopappas, 2023. "Manipulation of moves in sequential contests," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 61(3), pages 511-535, October.
    4. Wang, Zhewei & Zhou, Lixue, 2022. "Information disclosure in sequential (and simultaneous) contests," Economics Letters, Elsevier, vol. 212(C).
    5. Sela, Aner, 2023. "Two-stage elimination games," Journal of Mathematical Economics, Elsevier, vol. 109(C).
    6. Nava Kahana & Doron Klunover, 2017. "Sequential Lottery Contests with Multiple Participants," Working Papers tax-mpg-rps-2017-02, Max Planck Institute for Tax Law and Public Finance.

    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.
    1. Drugov, Mikhail & Ryvkin, Dmitry, 2017. "Biased contests for symmetric players," Games and Economic Behavior, Elsevier, vol. 103(C), pages 116-144.
    2. Kyung Hwan Baik & Jong Hwa Lee, 2013. "Endogenous Timing In Contests With Delegation," Economic Inquiry, Western Economic Association International, vol. 51(4), pages 2044-2055, October.
    3. Pierre Fauvet & Sébastien Rouillon, 2016. "Would you trust lobbies?," Public Choice, Springer, vol. 167(3), pages 201-219, June.
    4. Gürtler, Oliver, 2006. "Contractual Incentive Provision and Commitment in Rent-Seeking Contests," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 100, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    5. Derek J. Clark & Tore Nilssen & Jan Yngve Sand, 2020. "Gaining advantage by winning contests," Review of Economic Design, Springer;Society for Economic Design, vol. 24(1), pages 23-38, June.
    6. Konrad, Kai A., 2007. "Strategy in contests: an introduction [Strategie in Turnieren – eine Einführung]," Discussion Papers, Research Unit: Market Processes and Governance SP II 2007-01, WZB Berlin Social Science Center.
    7. Zhou, J., 2007. "In Litigation : How Far do the “Haves” Come Out Ahead," Discussion Paper 2007-10, Tilburg University, Center for Economic Research.
    8. Morgan, John & Vardy, Felix, 2007. "The value of commitment in contests and tournaments when observation is costly," Games and Economic Behavior, Elsevier, vol. 60(2), pages 326-338, August.
    9. Qiang Fu, 2006. "Endogenous timing of contest with asymmetric information," Public Choice, Springer, vol. 129(1), pages 1-23, October.
    10. Sandra Ludwig, 2012. "Contests—a comparison of timing and information structures," Public Choice, Springer, vol. 153(3), pages 341-355, December.
    11. Dahm, Matthias & Esteve-González, Patricia, 2018. "Affirmative action through extra prizes," Journal of Economic Behavior & Organization, Elsevier, vol. 153(C), pages 123-142.
    12. Levi-Tsedek, Netanel & Sela, Aner, 2019. "Sequential (one-against-all) contests," Economics Letters, Elsevier, vol. 175(C), pages 9-11.
    13. Gürtler, Oliver, 2005. "Rent seeking in sequential group contests," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 47, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    14. Blavatskyy, Pavlo R., 2010. "Contest success function with the possibility of a draw: Axiomatization," Journal of Mathematical Economics, Elsevier, vol. 46(2), pages 267-276, March.
    15. Fu, Qiang & Gürtler, Oliver & Münster, Johannes, 2013. "Communication and commitment in contests," Journal of Economic Behavior & Organization, Elsevier, vol. 95(C), pages 1-19.
    16. Stefano Barbieri & Marco Serena, 2018. "Biasing Unbiased Dynamic Contests," Working Papers tax-mpg-rps-2018-06, Max Planck Institute for Tax Law and Public Finance.
    17. Szymanski, Stefan & Valletti, Tommaso M., 2005. "Incentive effects of second prizes," European Journal of Political Economy, Elsevier, vol. 21(2), pages 467-481, June.
    18. Marco Serena, 2017. "Harnessing Beliefs to Stimulate Efforts; on the Optimal Disclosure Policy in Contests," Working Papers tax-mpg-rps-2018-11, Max Planck Institute for Tax Law and Public Finance.
    19. Denter, Philipp & Morgan, John & Sisak, Dana, 2011. ""Where Ignorance is Bliss, 'tis Folly to be Wise": Transparency in Contests," Economics Working Paper Series 1128, University of St. Gallen, School of Economics and Political Science.
    20. Zhang, Ming & Wang, Guanghui & Xu, Jin & Qu, Cunquan, 2020. "Dynamic contest model with bounded rationality," Applied Mathematics and Computation, Elsevier, vol. 370(C).

    More about this item

    Keywords

    Contest design; Sequential contests; Simultaneous contests;
    All these keywords.

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior

    Statistics

    Access and download statistics

    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:kap:pubcho:v:173:y:2017:i:1:d:10.1007_s11127-017-0467-3. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.