Search
Now showing items 1-3 of 3
Converse Tournaments
(Ege Univ Fac Economics & Admin Sciences, 2019)
This paper proposes two alternatives to Clark and Riis (1998b)'s sequential model of nested multiple-prize contests. First we consider winning prizes endogenously determined by exerted contest efforts. Second we extend the ...
Sabotage in team contests
(Springer, 2019)
In the contest literature sabotage is defined as a deliberate and costly activity that damages the opponent's likelihood of winning the contest. Most of the existing results suggest that anticipating a possible sabotage ...
On (mis-)perception of probabilities in first-price sealed-bid auctions
(Economics Bulletin, 2019)
We study a two-stage probability weighting model [see Tversky and Fox 1995] in a first-price sealed-bid auction. We present the unique symmetric equilibrium and provide some experimental support for our model.