The optimal allocation of prizes in contests: An auction approach
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- Benny Moldovanu & Aner Sela, 2008.
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Economic Inquiry, Western Economic Association International, vol. 50(2), pages 453-462, April.
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- Benny Moldovanu & Aner Sela & Xianwen Shi, 2010. "Carrots and Sticks: Prizes and Punishments in Contests," Working Papers tecipa-399, University of Toronto, Department of Economics.
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More about this item
Keywords
Contests; Optimal structure; Prizes; All-pay auctions;All these keywords.
JEL classification:
- D44 - Microeconomics - - Market Structure, Pricing, and Design - - - Auctions
- J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
- D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CTA-2012-07-08 (Contract Theory and Applications)
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