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The first shall be last: Serial position effects in the case contestants evaluate each other

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Author Info

  • Stefan D. Haigner

    () (Gesellschaft für Angewandte Wirtschaftsforschung Innsbruck and University of Innsbruck)

  • Stefan Jenewein

    () (Gesellschaft für Angewandte Wirtschaftsforschung Innsbruck and University of Innsbruck)

  • Hans-Christian Müller

    () (Düsseldorf Institute of Competition Economics - University of Düsseldorf)

  • Florian Wakolbinger

    () (Gesellschaft für Angewandte Wirtschaftsforschung Innsbruck and University of Linz)

Abstract

We analyze competitions where the contestants evaluate each other and find the first contestant to be disadvantaged. We suspect that this is due to information diffusion, Bayesian belief updating taking place in course of the contest and initial uncertainty about a contestant's relative quality.

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File URL: http://www.accessecon.com/Pubs/EB/2010/Volume30/EB-10-V30-I4-P292.pdf
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Bibliographic Info

Article provided by AccessEcon in its journal Economics Bulletin.

Volume (Year): 30 (2010)
Issue (Month): 4 ()
Pages: 3170-3176

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Handle: RePEc:ebl:ecbull:eb-10-00636

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Related research

Keywords: Serial Position Effects; Ordering Effects;

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References

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  1. Haan, Marco & Dijkstra, Gerhard & Dijkstra, Peter, 2003. "Expert judgment versus public opinion : evidence from the Eurovision Song Contest," CCSO Working Papers 200305, University of Groningen, CCSO Centre for Economic Research.
  2. GINSBURGH, Victor & van OURS, Jan, 2002. "Expert opinion and compensation: evidence from a musical competition," CORE Discussion Papers 2002033, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  3. Page, Lionel & Page, Katie, 2010. "Last shall be first: A field study of biases in sequential performance evaluation on the Idol series," Journal of Economic Behavior & Organization, Elsevier, vol. 73(2), pages 186-198, February.
  4. Herbert Glejser & Bruno Heyndels, 2001. "Efficiency and Inefficiency in the Ranking in Competitions: the Case of the Queen Elisabeth Music Contest," Journal of Cultural Economics, Springer, vol. 25(2), pages 109-129, May.
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Cited by:
  1. Christin, Clémence, 2011. "Entry deterrence through cooperative R&D over-investment," DICE Discussion Papers 38, Heinrich‐Heine‐Universität Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
  2. Gu, Yiquan & Wenzel, Tobias, 2012. "Transparency, entry, and productivity," Economics Letters, Elsevier, vol. 115(1), pages 7-10.
  3. Stühmeier, Torben & Wenzel, Tobias, 2012. "Regulating advertising in the presence of public service broadcasting," DICE Discussion Papers 41, Heinrich‐Heine‐Universität Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
  4. Haucap, Justus & Herr, Annika & Frank, Björn, 2011. "In vino veritas: Theory and evidence on social drinking," DICE Discussion Papers 37, Heinrich‐Heine‐Universität Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).

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