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Size and distribution of prizes and efforts in contests

Author

Listed:
  • Gil S. Epstein

    () (Bar-Ilan University)

  • Shmuel Nitzan

    () (Bar-Ilan University)

Abstract

The intensity of competition in contests is affected by the sum of the awarded prizes and by the prize distribution among the contestants. The current paper examines which of these two parameters has a larger effect on the players' extent of participation in the contest.

Suggested Citation

  • Gil S. Epstein & Shmuel Nitzan, 2005. "Size and distribution of prizes and efforts in contests," Economics Bulletin, AccessEcon, vol. 8(10), pages 1-10.
  • Handle: RePEc:ebl:ecbull:eb-04h00002
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    File URL: http://www.accessecon.com/pubs/EB/2005/Volume8/EB-04H00002A.pdf
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    References listed on IDEAS

    as
    1. Gil S. Epstein & Shmuel Nitzan, 2006. "Effort and Performance in Public Policy Contests," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 8(2), pages 265-282, May.
    2. Stergios Skaperdas, 1996. "Contest success functions (*)," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 7(2), pages 283-290.
    3. Skaperdas, Stergios, 1992. "Cooperation, Conflict, and Power in the Absence of Property Rights," American Economic Review, American Economic Association, vol. 82(4), pages 720-739, September.
    4. Ellingsen, Tore, 1991. "Strategic Buyers and the Social Cost of Monopoly," American Economic Review, American Economic Association, vol. 81(3), pages 648-657, June.
    5. Hurley, Terrance M, 1998. "Rent Dissipation and Efficiency in a Contest with Asymmetric Valuations," Public Choice, Springer, vol. 94(3-4), pages 289-298, March.
    6. Gil S . Epstein & Shmuel Nitzan, 2002. "Endogenous Public Policy, Politicization and Welfare," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 4(4), pages 661-677, October.
    7. Nti, Kofi O, 1999. "Rent-Seeking with Asymmetric Valuations," Public Choice, Springer, vol. 98(3-4), pages 415-430, March.
    8. Fabella, Raul V., 1995. "The social cost of rent seeking under countervailing opposition to distortionary transfers," Journal of Public Economics, Elsevier, vol. 57(2), pages 235-247, June.
    9. Nitzan, Shmuel, 1994. "Modelling rent-seeking contests," European Journal of Political Economy, Elsevier, vol. 10(1), pages 41-60, May.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Epstein Gil S. & Lindner Pomerantz Renana, 2011. "Media and Litigation," Review of Law & Economics, De Gruyter, vol. 7(2), pages 539-571, December.

    More about this item

    Keywords

    Contests;

    JEL classification:

    • H0 - Public Economics - - General
    • D6 - Microeconomics - - Welfare Economics

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