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Allocating Awards Across Noncomparable Categories

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Author Info
Veall, Michael R. () (McMaster University and IZA Bonn)
Magee, Lonnie (McMaster University)

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Abstract

Suppose an agency awards a fixed number of prizes to applicants in different categories such that the applicant-to-winner ratio is constant by category. It is demonstrated in a simple theoretical model that the number of awards in a category will typically be positively related to the degree of applicant uncertainty. The theoretical findings are related to awards data from the Social Sciences and Humanities Research Council of Canada doctoral fellowship competition.

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File URL: ftp://repec.iza.org/RePEc/Discussionpaper/dp617.pdf
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Publisher Info
Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 617.

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Length: 26 pages
Date of creation: Oct 2002
Date of revision:
Handle: RePEc:iza:izadps:dp617

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Related research
Keywords: scholarships fellowships applicant behavior selection committee behavior

Other versions of this item:

Find related papers by JEL classification:
D73 - Microeconomics - - Analysis of Collective Decision-Making - - - Bureaucracy; Administrative Processes in Public Organizations; Corruption
D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Edward P. Lazear & Sherwin Rosen, 1981. "Rank-Order Tournaments as Optimum Labor Contracts," NBER Working Papers 0401, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  2. Milgrom, Paul & Roberts, John, 1990. "Rationalizability, Learning, and Equilibrium in Games with Strategic Complementarities," Econometrica, Econometric Society, vol. 58(6), pages 1255-77, November. [Downloadable!] (restricted)
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