Manipulations in Contests
AbstractWe study the classical Tullock's model of one-stage contests where the probability of winning is a function of the efforts exerted by the contestants. We show that by a simple non-discriminating rule the contest designer is able to manipulate the outcome of the contest such that the probabilities to win are not ordered according to the contestants' abilities.
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Bibliographic InfoPaper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 4344.
Date of creation: Apr 2004
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