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Experimental Research on Contests

Author

Listed:
  • Subhasish M. Chowdhury

    (Department of Economics, University of Sheffield, Sheffield S1 4DT, UK)

  • Dan Kovenock

    (Economic Science Institute, Chapman University, Orange, CA 92866, USA)

  • Anwesha Mukherjee

    (Department of Economics, University of Reading, Reading RG6 6AA, UK)

Abstract

Contests are situations in which agents compete by irreversibly expending costly resources in an attempt to win a prize. Due to their applications in conflict, rent-seeking, organizational incentives, sports, litigation, and political campaigns, contests are widely applied in the social sciences. In this survey we summarize some main results and recent developments of experimental studies in contest theory. We also point out their broader applications in the social sciences.

Suggested Citation

  • Subhasish M. Chowdhury & Dan Kovenock & Anwesha Mukherjee, 2024. "Experimental Research on Contests," Working Papers 2024004, The University of Sheffield, Department of Economics.
    • Handle: RePEc:shf:wpaper:2024004
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    File URL: https://www.sheffield.ac.uk/economics/research/serps
    File Function: First version, June 2024
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    Cited by:

    1. Chowdhury, Subhasish M. & Marini, Matteo M., 2024. "Overbidding and heterogeneous behavior in contest experiments:A meta-comment on cross-cultural differences," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 110(C).

    More about this item

    Keywords

    Contest; Experiment; Conflict; Survey;
    All these keywords.

    JEL classification:

    • C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
    • C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances; Revolutions

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