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Incentives versus competitive balance

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Author Info

  • Möller, Marc

Abstract

When players compete repeatedly, prizes won in earlier contests may improve the players’ abilities in later contests. This paper determines the allocation of prizes within and across contests that maximizes the (weighted) sum of aggregate efforts.

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File URL: http://www.sciencedirect.com/science/article/pii/S0165176512003849
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Bibliographic Info

Article provided by Elsevier in its journal Economics Letters.

Volume (Year): 117 (2012)
Issue (Month): 2 ()
Pages: 505-508

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Handle: RePEc:eee:ecolet:v:117:y:2012:i:2:p:505-508

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Web page: http://www.elsevier.com/locate/ecolet

Related research

Keywords: Contests; Incentives; Prize allocation;

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