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Combining two fee-shifting mechanisms in a bilateral delegation contest

Author

Listed:
  • Park, Sung-Hoon
  • Shogren, Jason F.

Abstract

We explore how a contest designer can use a combined two fee-shifting reimbursement system with a classic contingency fee to reduce unnecessary effort, maximize expected payoffs of players, and raise effort levels of the delegates to their highest level.

Suggested Citation

  • Park, Sung-Hoon & Shogren, Jason F., 2026. "Combining two fee-shifting mechanisms in a bilateral delegation contest," Economics Letters, Elsevier, vol. 264(C).
    • Handle: RePEc:eee:ecolet:v:264:y:2026:i:c:s0165176526001023
    DOI: 10.1016/j.econlet.2026.112908
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    Keywords

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    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • K41 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Litigation Process

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