Allocating Awards Across Noncomparable Categories
AbstractSuppose an agency awards a …xed 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 …ndings are related to awards data from the Social Sciences and Humanities Research Council of Canada doctoral fellowship competition.
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Bibliographic InfoPaper provided by McMaster University in its series Department of Economics Working Papers with number 2002-11.
Length: 25 pages
Date of creation: Nov 2002
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Other versions of this item:
- D73 - Microeconomics - - Analysis of Collective Decision-Making - - - Bureaucracy; Administrative Processes in Public Organizations; Corruption
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
This paper has been announced in the following NEP Reports:
- NEP-ALL-2003-03-10 (All new papers)
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NBER Working Papers
0401, National Bureau of Economic Research, Inc.
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