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Jingfeng Lu

Citations

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Working papers

  1. Xiaohong Chen & Matthew Gentry & Tong Li & Jingfeng Lu, 2020. "Identification and Inference in First-Price Auctions with Risk Averse Bidders and Selective Entry," Cowles Foundation Discussion Papers 2257, Cowles Foundation for Research in Economics, Yale University.

    Cited by:

    1. Grundl, Serafin & Zhu, Yu, 2024. "Two results on auctions with endogenous entry," Economics Letters, Elsevier, vol. 234(C).
    2. Vasserman, Shoshana & Watt, Mitchell, 2021. "Risk aversion and auction design: Theoretical and empirical evidence," International Journal of Industrial Organization, Elsevier, vol. 79(C).

  2. Dan Kovenock & Jingfeng Lu, 2020. "All Pay Quality-Bids in Score Procurement Auctions," Working Papers 20-01, Chapman University, Economic Science Institute.

    Cited by:

    1. Chowdhury, Subhasish M. & Cohen, Chen & Darioshi, Roy & Nitzan, Shmuel, 2025. "Optimal reimbursement schemes in contests," Journal of Economic Behavior & Organization, Elsevier, vol. 237(C).

  3. Jingfeng Lu & Zongwei Lu & Christian Riis, 2019. "Perfect bidder collusion through bribe and request," Papers 1912.03607, arXiv.org, revised May 2021.

    Cited by:

    1. Jingfeng Lu & Zongwei Lu & Christian Riis, 2021. "Peace Through Side Payments," Papers 2107.11575, arXiv.org, revised Jul 2026.
    2. Deng, Shanglyu, 2023. "Speculation in procurement auctions," Journal of Economic Theory, Elsevier, vol. 212(C).

  4. Gentry, Matthew & Li, Tong & Lu, Jingfeng, 2017. "Auctions with selective entry," LSE Research Online Documents on Economics 83664, London School of Economics and Political Science, LSE Library.

    Cited by:

    1. Clark, Derek J. & Kundu, Tapas, 2026. "Endogenous entry and investment in an all-pay auction," Journal of Mathematical Economics, Elsevier, vol. 122(C).
    2. Marleen Marra, 2024. "Estimating and Auction Platform Game with Two-Sided Entry," Sciences Po Economics Publications (main) hal-03393068, HAL.
    3. Emmanuel Guerre & Yao Luo, 2019. "Nonparametric Identification of First-Price Auction with Unobserved Competition: A Density Discontinuity Framework," Papers 1908.05476, arXiv.org, revised Dec 2024.
    4. Kim, Dong-Hyuk & Ratan, Anmol, 2022. "Disentangling risk aversion and loss aversion in first-price auctions: An empirical approach," European Economic Review, Elsevier, vol. 150(C).
    5. Ari Hyytinen & Jan Jääskeläinen & Antti Sieppi & Vesa-Heikki Soini & Janne Tukiainen, 2026. "Entry barriers in public procurement: Evidence from conjoint survey experiment," Discussion Papers 176, Aboa Centre for Economics.
    6. Xu, Hedong & Tian, Cunzhi & Xiao, Xinrong & Fan, Suohai, 2018. "Evolutionary investors’ power-based game on networks," Applied Mathematics and Computation, Elsevier, vol. 330(C), pages 125-133.
    7. Xiaohong Chen & Matthew Gentry & Tong Li & Jingfeng Lu, 2020. "Identification and Inference in First-Price Auctions with Risk Averse Bidders and Selective Entry," Cowles Foundation Discussion Papers 2257, Cowles Foundation for Research in Economics, Yale University.
    8. Grundl, Serafin & Zhu, Yu, 2024. "Two results on auctions with endogenous entry," Economics Letters, Elsevier, vol. 234(C).
    9. Sangha, Kamaljit K. & Preece, Luke & Villarreal-Rosas, Jaramar & Kegamba, Juma J. & Paudyal, Kiran & Warmenhoven, Tui & RamaKrishnan, P.S., 2018. "An ecosystem services framework to evaluate indigenous and local peoples’ connections with nature," Ecosystem Services, Elsevier, vol. 31(PA), pages 111-125.
    10. Doni, Nicola & Menicucci, Domenico, 2020. "On the optimal entry fee and reserve price for auctions with selective entry: A comment on Gentry, Li, Lu (2017)," Games and Economic Behavior, Elsevier, vol. 120(C), pages 58-66.
    11. Kirkegaard, René, 2022. "Efficiency in asymmetric auctions with endogenous reserve prices," Games and Economic Behavior, Elsevier, vol. 132(C), pages 234-239.

  5. Jingfeng Lu & Zhewei Wang, 2015. "Axiomatization of Reverse Nested Lottery Contests," SDU Working Papers 2015-01, School of Economics, Shandong University.

    Cited by:

    1. Kjell Hausken, 2021. "Axiomatizing additive multi-effort contests," SN Business & Economics, Springer, vol. 1(11), pages 1-12, November.
    2. Alberto Vesperoni & Anıl Yıldızparlak, 2019. "Inequality and conflict outbreak," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 53(1), pages 135-173, June.
    3. Bozbay, Irem & Vesperoni, Alberto, 2018. "A contest success function for networks," Journal of Economic Behavior & Organization, Elsevier, vol. 150(C), pages 404-422.
    4. Lu, Jingfeng & Shen, Bo & Wang, Zhewei, 2017. "Optimal contest design under reverse-lottery technology," Journal of Mathematical Economics, Elsevier, vol. 72(C), pages 25-35.

  6. Gentry, Matthew & Li, Tong & Lu, Jingfeng, 2015. "Existence of monotone equilibrium in first price auctions with private risk aversion and private initial wealth," LSE Research Online Documents on Economics 66100, London School of Economics and Political Science, LSE Library.

    Cited by:

    1. Muhammad Ejaz & Nisho Rani & Muhammad Ramzan Sheikh, 2023. "First Price Sealed-Bid Auctions with Bidders’ Heterogeneous Risk Behavior: An Adversarial Risk Analysis Approach," Decision Analysis, INFORMS, vol. 20(3), pages 231-241, September.
    2. Muhammad Ejaz & Stephen Joe & Chaitanya Joshi, 2021. "Adversarial Risk Analysis for Auctions Using Mirror Equilibrium and Bayes Nash Equilibrium," Decision Analysis, INFORMS, vol. 18(3), pages 185-202, September.
    3. He, Wei & Sun, Yeneng, 2019. "Pure-strategy equilibria in Bayesian games," Journal of Economic Theory, Elsevier, vol. 180(C), pages 11-49.
    4. Li, Zhen & Yue, Jinfeng & Kuo, Ching-Chung, 2018. "Design of discrete Dutch auctions with consideration of time," European Journal of Operational Research, Elsevier, vol. 265(3), pages 1159-1171.

  7. Jingfeng Lu & Zhewei Wang, 2015. "Axiomatizing Multi-Prize Nested Lottery Contests: A Complete and Strict Ranking Perspective," SDU Working Papers 2015-01, School of Economics, Shandong University.

    Cited by:

    1. Kjell Hausken, 2023. "Two-period Colonel Blotto contest with cumulative investments over variable assets with resource constraints," SN Business & Economics, Springer, vol. 3(11), pages 1-18, November.
    2. Fu, Qiang & Wang, Xiruo & Wu, Zenan, 2021. "Multi-prize contests with risk-averse players," Games and Economic Behavior, Elsevier, vol. 129(C), pages 513-535.
    3. Fu, Qiang & Wu, Zenan & Zhu, Yuxuan, 2022. "On equilibrium existence in generalized multi-prize nested lottery contests," Journal of Economic Theory, Elsevier, vol. 200(C).
    4. Christian Ewerhart, 2015. "Contest success functions: the common-pool perspective," ECON - Working Papers 195, Department of Economics - University of Zurich.
    5. Kjell Hausken, 2021. "Axiomatizing additive multi-effort contests," SN Business & Economics, Springer, vol. 1(11), pages 1-12, November.
    6. Alberto Vesperoni & Anıl Yıldızparlak, 2019. "Inequality and conflict outbreak," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 53(1), pages 135-173, June.
    7. Jingfeng Lu & Zhewei Wang & Lixue Zhou, 2023. "Nested Tullock contests with nonmonotone prizes," International Journal of Game Theory, Springer;Game Theory Society, vol. 52(1), pages 303-332, March.
    8. Jingfeng Lu & Zhewei Wang, 2016. "Axiomatization of reverse nested lottery contests," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 47(4), pages 939-957, December.
    9. Bozbay, Irem & Vesperoni, Alberto, 2018. "A contest success function for networks," Journal of Economic Behavior & Organization, Elsevier, vol. 150(C), pages 404-422.
    10. Lu, Jingfeng & Lu, Yuanzhu & Wang, Zhewei & Zhou, Lixue, 2022. "Winner-leave versus loser-leave in multi-stage nested Tullock contests," Games and Economic Behavior, Elsevier, vol. 132(C), pages 337-352.
    11. Fu, Qiang & Wu, Zenan & Zhu, Yuxuan, 2023. "On equilibrium uniqueness in generalized multi-prize nested lottery contests," Games and Economic Behavior, Elsevier, vol. 139(C), pages 180-199.
    12. Lu, Jingfeng & Shen, Bo & Wang, Zhewei, 2017. "Optimal contest design under reverse-lottery technology," Journal of Mathematical Economics, Elsevier, vol. 72(C), pages 25-35.

  8. Matthew Gentry & Tong Li & Jingfeng Lu, 2015. "Identification and estimation in first-price auctions with risk-averse bidders and selective entry," CeMMAP working papers 16/15, Institute for Fiscal Studies.

    Cited by:

    1. Serafin J. Grundl & Yu Zhu, 2019. "Robust Inference in First-Price Auctions : Experimental Findings as Identifying Restrictions," Finance and Economics Discussion Series 2019-006, Board of Governors of the Federal Reserve System (U.S.).
    2. Deltas, George & Evenett, Simon, 2020. "Language as a barrier to entry: Foreign competition in Georgian public procurement," International Journal of Industrial Organization, Elsevier, vol. 73(C).
    3. Grundl, Serafin & Zhu, Yu, 2026. "A simple, robust identification approach for first-price auctions," Journal of Econometrics, Elsevier, vol. 253(C).
    4. Chernomaz Kirill & Yoshimoto Hisayuki, 2020. "How Accurately Do Structural Asymmetric First-Price Auction Estimates Represent True Valuations?," Journal of Econometric Methods, De Gruyter, vol. 9(1), pages 1-19, January.
    5. Grundl, Serafin & Zhu, Yu, 2023. "Robust inference in first-price auctions: Overbidding as an identifying restriction," Journal of Econometrics, Elsevier, vol. 235(2), pages 484-506.
    6. Tong Li & Jingfeng Lu & Li Zhao, 2015. "Auctions with selective entry and risk averse bidders: theory and evidence," RAND Journal of Economics, RAND Corporation, vol. 46(3), pages 524-545, September.
    7. Marleen Marra, 2024. "Estimating and Auction Platform Game with Two-Sided Entry," Working Papers hal-03393068, HAL.
    8. Grundl, Serafin & Zhu, Yu, 2019. "Identification and estimation of risk aversion in first-price auctions with unobserved auction heterogeneity," Journal of Econometrics, Elsevier, vol. 210(2), pages 363-378.
    9. Aryal, Gaurab & Grundl, Serafin & Kim, Dong-Hyuk & Zhu, Yu, 2018. "Empirical relevance of ambiguity in first-price auctions," Journal of Econometrics, Elsevier, vol. 204(2), pages 189-206.

  9. Qiang Fu & Jingfeng Lu & Zhewei Wang, 2013. ""Reverse" Nested Lottery Contests," SDU Working Papers 2013-02, School of Economics, Shandong University.

    Cited by:

    1. Aner Sela, 2020. "Optimal allocations of prizes and punishments in Tullock contests," International Journal of Game Theory, Springer;Game Theory Society, vol. 49(3), pages 749-771, September.
    2. Alberto Vesperoni, 2013. "A contest success function for rankings," NEPS Working Papers 8/2013, Network of European Peace Scientists.
    3. Fu, Qiang & Wang, Xiruo & Wu, Zenan, 2021. "Multi-prize contests with risk-averse players," Games and Economic Behavior, Elsevier, vol. 129(C), pages 513-535.
    4. Subhasish M. Chowdhury & Anwesha Mukherjee & Theodore L. Turocy, 2025. "And the first runner-up is...: comparing winner selection procedures in multi-winner Tullock contests," Review of Economic Design, Springer;Society for Economic Design, vol. 29(3), pages 447-477, September.
    5. Subhasish M. Chowdhury & Anwesha Mukherjee & Theodore L. Turocy, 2021. "And the first runner-up is...: Sequential versus simultaneous winner revelation in multi-winner discriminated Tullock contests," Working Paper series, University of East Anglia, Centre for Behavioural and Experimental Social Science (CBESS) 21-01, School of Economics, University of East Anglia, Norwich, UK..
    6. Alberto Vesperoni & Anıl Yıldızparlak, 2019. "Inequality and conflict outbreak," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 53(1), pages 135-173, June.
    7. Aner Sela, 2025. "Unsolicited prizes in contests," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 65(1), pages 187-210, August.
    8. Aner Sela & Amit Yeshayahu, 2022. "Contests with identity-dependent externalities," Working Papers 2203, Ben-Gurion University of the Negev, Department of Economics.
    9. Jingfeng Lu & Zhewei Wang, 2015. "Axiomatizing Multi-Prize Nested Lottery Contests: A Complete and Strict Ranking Perspective," SDU Working Papers 2015-01, School of Economics, Shandong University.
    10. Jingfeng Lu & Zhewei Wang, 2016. "Axiomatization of reverse nested lottery contests," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 47(4), pages 939-957, December.
    11. Lu, Jingfeng & Shen, Bo & Wang, Zhewei, 2017. "Optimal contest design under reverse-lottery technology," Journal of Mathematical Economics, Elsevier, vol. 72(C), pages 25-35.

  10. Fu, Qiang & Lu, Jingfeng, 2007. "Unifying Contests: from Noisy Ranking to Ratio-Form Contest Success Functions," MPRA Paper 6617, University Library of Munich, Germany.

    Cited by:

    1. Paul Schweinzer & Ella Segev, 2012. "The optimal prize structure of symmetric Tullock contests," Public Choice, Springer, vol. 153(1), pages 69-82, October.
    2. Pau Balart & Subhasish Modak Chowdhury & Orestis Troumpounis, 2015. "Linking individual and collective contests through noise level and sharing rules," University of East Anglia School of Economics Working Paper Series 2015-07, School of Economics, University of East Anglia, Norwich, UK..
    3. Yildirim, Mustafa, 2023. "When does division matter? Revisiting the optimal contest architecture," Economics Letters, Elsevier, vol. 230(C).
    4. Dmitry Ryvkin, 2013. "Heterogeneity of Players and Aggregate Effort in Contests," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 22(4), pages 728-743, December.
    5. Giebe, Thomas, 2010. "Innovation Contests with Entry Auction," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 307, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    6. Fu, Qiang & Lu, Jingfeng, 2009. "The beauty of "bigness": On optimal design of multi-winner contests," Games and Economic Behavior, Elsevier, vol. 66(1), pages 146-161, May.

  11. Qiang Fu & JingFeng Lu, 2007. "The Optimal Multi-Stage Contest," NajEcon Working Paper Reviews 843644000000000387, www.najecon.org.

    Cited by:

    1. Segev, Ella & Sela, Aner, 2014. "Multi-stage sequential all-pay auctions," European Economic Review, Elsevier, vol. 70(C), pages 371-382.
    2. Aner Sela, 2016. "Two Stage Contests With Effort-Dependent Rewards," Working Papers 1612, Ben-Gurion University of the Negev, Department of Economics.
    3. Jean-Michel Benkert & Igor Letina, 2016. "Designing dynamic research contests," ECON - Working Papers 235, Department of Economics - University of Zurich, revised Aug 2019.
    4. Knyazev, Dmitriy, 2017. "Optimal prize structures in elimination contests," Journal of Economic Behavior & Organization, Elsevier, vol. 139(C), pages 32-48.
    5. Letina, Igor & Benkert, Jean-Michel, 2016. "Designing Dynamic Research Tournaments," VfS Annual Conference 2016 (Augsburg): Demographic Change 145738, Verein für Socialpolitik / German Economic Association.
    6. Kai Konrad & Dan Kovenock, 2012. "Introduction," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 51(2), pages 241-245, October.
    7. Josse Delfgaauw & Robert Dur & Arjan Non & Willem Verbeke, 2015. "The Effects of Prize Spread and Noise in Elimination Tournaments: A Natural Field Experiment," Journal of Labor Economics, University of Chicago Press, vol. 33(3), pages 521-569.
    8. Einy, E & Haimanko, O & Moreno, D & Sela, A & Shitovitz, B, 2013. "Tullock Contests with Asymmetric Information," Discussion Papers 2013-11, Graduate School of Economics, Hitotsubashi University.
    9. Migheli, Matteo, 2019. "Competing for promotion: Are “THE BEST” always the best?," Research in Economics, Elsevier, vol. 73(2), pages 149-161.
    10. Jean-François Mercier, 2018. "Selecting contestants for a rent-seeking contest," International Journal of Game Theory, Springer;Game Theory Society, vol. 47(3), pages 927-947, September.
    11. Stracke, Rudi & Höchtl, Wolfgang & Kerschbamer, Rudolf & Sunde, Uwe, 2014. "Optimal prizes in dynamic elimination contests: Theory and experimental evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 102(C), pages 43-58.
    12. Aram Grigoryan & Mattias Polborn, 2018. "Insecure Property Rights and the Missing Middle," CESifo Working Paper Series 7203, CESifo.
    13. Fu, Qiang & Wang, Xiruo & Wu, Zenan, 2021. "Multi-prize contests with risk-averse players," Games and Economic Behavior, Elsevier, vol. 129(C), pages 513-535.
    14. Hörtnagl-Pozzo, Tanja & Kerschbamer, Rudolf & Oexl, Regine & Stracke, Rudi & Sunde, Uwe, 2023. "Heterogeneity in rent-seeking contests with multiple stages: Theory and experimental evidence," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 105(C).
    15. Konrad, Kai A., 2010. "Dynamic contests," Discussion Papers, Research Professorship & Project "The Future of Fiscal Federalism" SP II 2010-10, WZB Berlin Social Science Center.
    16. Feng, Xin & Lu, Jingfeng, 2018. "How to split the pie: Optimal rewards in dynamic multi-battle competitions," Journal of Public Economics, Elsevier, vol. 160(C), pages 82-95.
    17. Fu, Qiang & Wu, Zenan & Zhu, Yuxuan, 2022. "On equilibrium existence in generalized multi-prize nested lottery contests," Journal of Economic Theory, Elsevier, vol. 200(C).
    18. Sela, Aner, 2016. "The Optimal Allocation of Punishments in Tullock Contests," CEPR Discussion Papers 11592, Centre for Economic Policy Research.
    19. Xiandeng Jiang, 2018. "Relative Performance Prizes and Dynamic Incentives in Best-of-N Contests," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 53(3), pages 563-590, November.
    20. Xiang Sun & Jin Xu & Junjie Zhou, 2023. "Effort Discrimination and Curvature of Contest Technology in Conflict Networks," Papers 2302.09861, arXiv.org, revised Oct 2023.
    21. Knyazev, Dmitriy, 2013. "Optimal elimination contest," Bonn Econ Discussion Papers 09/2013, University of Bonn, Bonn Graduate School of Economics (BGSE).
    22. Jiao, Qian & Shen, Bo & Sun, Xiang, 2019. "Bipartite conflict networks with returns to scale technology," Journal of Economic Behavior & Organization, Elsevier, vol. 163(C), pages 516-531.
    23. Sheremeta, Roman, 2009. "Contest Design: An Experimental Investigation," MPRA Paper 52101, University Library of Munich, Germany.
    24. Chen Cohen & Ishay Rabi & Aner Sela, 2022. "Assortative Matching by Lottery Contests," Games, MDPI, vol. 13(5), pages 1-20, September.
    25. Sakshi Gupta & Ram Singh, 2018. "On Existence and Properties of Pure-strategy Equilibria under Contests," Working Papers id:12840, eSocialSciences.
    26. A. Aiche & E. Einy & O. Haimanko & D. Moreno & A. Sela & B. Shitovitz, 2019. "Information in Tullock contests," Theory and Decision, Springer, vol. 86(3), pages 303-323, May.
    27. Nelson, Arthur B, 2020. "Deterrence in sequential contests: An experimental study," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 86(C).
    28. Sina Khorasani & Lakshminarayana Nittala & Vish V. Krishnan, 2023. "Screening in Multistage Contests," Manufacturing & Service Operations Management, INFORMS, vol. 25(6), pages 2249-2267, November.
    29. Ryvkin, Dmitry, 2010. "The selection efficiency of tournaments," European Journal of Operational Research, Elsevier, vol. 206(3), pages 667-675, November.
    30. Aner Sela, 2022. "Ineffective Prizes In Multi-Dimensional Contests," Working Papers 2205, Ben-Gurion University of the Negev, Department of Economics.
    31. Qi Shi & Dong Hao, 2021. "Social Sourcing: Incorporating Social Networks Into Crowdsourcing Contest Design," Papers 2112.02884, arXiv.org, revised Nov 2022.
    32. Lakshminarayana Nittala & Sanjiv Erat, 2026. "Designing Knowledge-Driven Innovation Contests," Management Science, INFORMS, vol. 72(2), pages 1095-1111, February.
    33. Hirata, Daisuke, 2014. "A model of a two-stage all-pay auction," Mathematical Social Sciences, Elsevier, vol. 68(C), pages 5-13.
    34. Fupeng Sun & Yanwei Sun & Chiwei Yan & Li Jin, 2022. "Restricting Entries to All-Pay Contests," Papers 2205.08104, arXiv.org, revised Dec 2025.
    35. Jennifer Brown & Dylan B. Minor, 2014. "Selecting the Best? Spillover and Shadows in Elimination Tournaments," Management Science, INFORMS, vol. 60(12), pages 3087-3102, December.
    36. Doron Klunover, 2020. "Nice guys don't always finish last: succeeding in hierarchical organizations," Papers 2007.04435, arXiv.org, revised Sep 2020.
    37. Aner Sela, 2025. "Unsolicited prizes in contests," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 65(1), pages 187-210, August.
    38. Sheremeta, Roman, 2009. "Essays on Experimental Investigation of Lottery Contests," MPRA Paper 49888, University Library of Munich, Germany.
    39. Noam Cohen & Guy Maor & Aner Sela, 2018. "Two-stage elimination contests with optimal head starts," Review of Economic Design, Springer;Society for Economic Design, vol. 22(3), pages 177-192, December.
    40. Nicolas de Roos & Alexander Matros & Vladimir Smirnov, 2024. "Elimination tournaments with resource constraints," Working Papers 2024-06, University of Sydney, School of Economics.
    41. Lian Jian & Zheng Li & Tracy Xiao Liu, 2017. "Simultaneous versus sequential all-pay auctions: an experimental study," Experimental Economics, Springer;Economic Science Association, vol. 20(3), pages 648-669, September.
    42. Jingfeng Lu & Zhewei Wang & Lixue Zhou, 2023. "Nested Tullock contests with nonmonotone prizes," International Journal of Game Theory, Springer;Game Theory Society, vol. 52(1), pages 303-332, March.
    43. Stracke, Rudi & Höchtl, Wolfgang & Kerschbamer, Rudolf & Sunde, Uwe, 2013. "Optimal Prizes in Dynamic Elimination Contests: An Experimental Analysis," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79883, Verein für Socialpolitik / German Economic Association.
    44. Daegon Cho & Seok Ho Lee & Yeawon Yoo & Hyo-Youn Chu, 2019. "Television singing competitions create stars? Empirical evidence from the digital music chart in South Korea," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 43(1), pages 1-20, March.
    45. Fu, Qiang & Wang, Xiruo & Zhu, Yuxuan, 2021. "Multi-prize contests with expectation-based loss-averse players," Economics Letters, Elsevier, vol. 205(C).
    46. Stracke, Rudi, 2012. "Orchestrating Contests with Heterogeneous Participants," Economics Working Paper Series 1218, University of St. Gallen, School of Economics and Political Science.
    47. Derek J. Clark & Tore Nilssen & Jan Yngve Sand, 2020. "Gaining advantage by winning contests," Review of Economic Design, Springer;Society for Economic Design, vol. 24(1), pages 23-38, June.
    48. Liqun Liu & Nicolas Treich, 2021. "Optimality of winner-take-all contests: the role of attitudes toward risk," Journal of Risk and Uncertainty, Springer, vol. 63(1), pages 1-25, August.
    49. Aner Sela, 2017. "Two-stage contests with effort-dependent values of winning," Review of Economic Design, Springer;Society for Economic Design, vol. 21(4), pages 253-272, December.
    50. Qian Jiao, 2013. "On Elimination in Contests: A Perspective on Output Maximization," Pacific Economic Review, Wiley Blackwell, vol. 18(2), pages 164-176, May.
    51. Ratul Lahkar & Saptarshi Mukherjee, 2022. "Optimal Large Population Tullock Contests," Working Papers 82, Ashoka University, Department of Economics.
    52. Cai, Yichuan, 2025. "Optimal matching in best-of-three team contests," Economics Letters, Elsevier, vol. 255(C).
    53. Ezra Einy & Diego Moreno & Aner Sela, 2020. "Continuity and robustness of Bayesian equilibria in Tullock contests," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 8(2), pages 333-345, October.
    54. Hou, Ting & Zhang, Wen, 2021. "Optimal two-stage elimination contests for crowdsourcing," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 145(C).
    55. Gerasimos T. Soldatos, 2021. "A model of market competition as a prize contest or a model of strife for market domination," SN Business & Economics, Springer, vol. 1(1), pages 1-9, January.
    56. Enzo Brox & Daniel Goller, 2024. "Tournaments, Contestant Heterogeneity and Performance," Papers 2401.05210, arXiv.org, revised Oct 2024.
    57. Durán, Ashley & Mantilla, Cesar, 2021. "Voting in multi-stage elimination contests: Evidence from a Karaoke show," OSF Preprints xdbr5, Center for Open Science.
    58. Konrad, Kai A., 2007. "Strategy in contests: an introduction [Strategie in Turnieren – eine Einführung]," Discussion Papers, Research Unit: Market Processes and Governance SP II 2007-01, WZB Berlin Social Science Center.
    59. Netanel Nissim & Aner Sela, 2020. "The Third Place Game," Journal of Sports Economics, , vol. 21(1), pages 64-86, January.
    60. Mendel, Moritz & Pieroth, Ferdinand & Seel, Christian, 2019. "Your Failure is My Opportunity - Eff ects of Elimination in Contests," Research Memorandum 016, Maastricht University, Graduate School of Business and Economics (GSBE).
    61. Brookins, Philip & Matros, Alexander & Tzachrista, Foteini, 2025. "Sequential contests with incomplete information: Theory and experimental evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 229(C).
    62. Deutscher, Christian & Neuberg, Lena & Thiem, Stefan, 2023. "Who’s afraid of the GOATs? - Shadow effects of tennis superstars," Journal of Economic Psychology, Elsevier, vol. 99(C).
    63. Chen Cohen & Ishay Rabi & Aner Sela, 2023. "Optimal seedings in interdependent contests," Annals of Operations Research, Springer, vol. 328(2), pages 1263-1285, September.
    64. Mengxi Zhang, 2023. "Optimal Contests with Incomplete Information and Convex Effort Costs," CRC TR 224 Discussion Paper Series crctr224_2023_156v2, University of Bonn and University of Mannheim, Germany.
    65. Yuxi Chen & Luís Santos-Pinto, 2026. "Overconfidence and strategic behavior in elimination contests: implications for CEO selection," Review of Economic Design, Springer;Society for Economic Design, vol. 30(1), pages 1-44, February.
    66. Martin Grossmann & Andreas Hefti & Markus Lang, 2012. "Aggregative Contests and Ex-post Heterogeneity: the Case of the UEFA Champions League," Working Papers 0161, University of Zurich, Institute for Strategy and Business Economics (ISU).
    67. Jiao, Qian & Kuang, Zhonghong & Liu, Yiran & Yu, Yang, 2025. "Optimal tree contest design and winner-take-all," Games and Economic Behavior, Elsevier, vol. 151(C), pages 1-23.
    68. Bhattacharya, Puja & Rampal, Jeevant, 2019. "Contests within and between groups," Discussion Papers, Research Unit: Market Behavior SP II 2019-206, WZB Berlin Social Science Center.
    69. Lu, Jingfeng & Lu, Yuanzhu & Wang, Zhewei & Zhou, Lixue, 2022. "Winner-leave versus loser-leave in multi-stage nested Tullock contests," Games and Economic Behavior, Elsevier, vol. 132(C), pages 337-352.
    70. Klumpp, Tilman & Konrad, Kai A. & Solomon, Adam, 2019. "The dynamics of majoritarian Blotto games," Games and Economic Behavior, Elsevier, vol. 117(C), pages 402-419.
    71. Aner Sela & Ezra Einy & 0ri Haimanko & Diego Moreno & Avishay Aiche & Benyamin Shitovitz, 2016. "Information Advantage in Common-Value Classic Tullock Contests," Working Papers 1614, Ben-Gurion University of the Negev, Department of Economics.
    72. Aner Sela & Oz Tsahi, 2020. "On the optimal allocation of prizes in best-of-three all-pay auctions," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 55(2), pages 255-273, August.
    73. Bhattacharya, Puja & Rampal, Jeevant, 2024. "Contests within and between groups: Theory and experiment," Games and Economic Behavior, Elsevier, vol. 145(C), pages 467-492.
    74. Aner Sela & Chen Cohen & Ishay Rabi, 2024. "An Algorithmic Analysis of Parallel Contests," Working Papers 2408, Ben-Gurion University of the Negev, Department of Economics.
    75. Fu, Qiang & Wu, Zenan & Zhu, Yuxuan, 2023. "On equilibrium uniqueness in generalized multi-prize nested lottery contests," Games and Economic Behavior, Elsevier, vol. 139(C), pages 180-199.
    76. Lu, Jingfeng & Shen, Bo & Wang, Zhewei, 2017. "Optimal contest design under reverse-lottery technology," Journal of Mathematical Economics, Elsevier, vol. 72(C), pages 25-35.
    77. Wang, Zijia, 2026. "Sequential elimination contests with repechage," Journal of Mathematical Economics, Elsevier, vol. 122(C).
    78. Clark, Derek J. & Nilssen, Tore, 2020. "Creating balance in dynamic competitions," International Journal of Industrial Organization, Elsevier, vol. 69(C).
    79. Mo, Huadong & Xie, Min & Levitin, Gregory, 2015. "Optimal resource distribution between protection and redundancy considering the time and uncertainties of attacks," European Journal of Operational Research, Elsevier, vol. 243(1), pages 200-210.
    80. Lu, Jingfeng & Wang, Zhewei, 2015. "Axiomatizing multi-prize nested lottery contests: A complete and strict ranking perspective," Journal of Economic Behavior & Organization, Elsevier, vol. 116(C), pages 127-141.
    81. Aner Sela, 2024. "Intermediate prizes in multi-dimensional contests," Theory and Decision, Springer, vol. 97(4), pages 721-743, December.
    82. Aner Sela & Eyal Erez, 2013. "Dynamic contests with resource constraints," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 41(4), pages 863-882, October.
    83. Alshech, Shahar & Sela, Aner, 2021. "The optimal allocation of prizes in two-stage contests," Economics Letters, Elsevier, vol. 203(C).
    84. Alcalde, José & Dahm, Matthias, 2019. "Dual sourcing with price discovery," Games and Economic Behavior, Elsevier, vol. 115(C), pages 225-246.
    85. Stracke, Rudi, 2013. "Contest design and heterogeneity," Economics Letters, Elsevier, vol. 121(1), pages 4-7.
    86. Robertson, Matthew J., 2024. "Sequential elimination in multi-stage all-pay auctions," Economics Letters, Elsevier, vol. 241(C).

  12. Lu, Jingfeng, 2006. "When and how to dismantle nuclear weapons," MPRA Paper 935, University Library of Munich, Germany.

    Cited by:

    1. Brocas, Isabelle, 2013. "Selling an asset to a competitor," European Economic Review, Elsevier, vol. 57(C), pages 39-62.
    2. Luke A. Boosey & Christopher Brown, 2021. "Contests with Network Externalities: Theory & Evidence," Working Papers wp2021_07_02, Department of Economics, Florida State University.

  13. Lu, Jingfeng, 2006. "Endogenous entry and auctions design with private participation costs," MPRA Paper 934, University Library of Munich, Germany.

    Cited by:

    1. Tian, Guoqiang & Xiao, Mingjun, 2009. "Vickrey Auctions with Sequential and Costly Participation," MPRA Paper 41203, University Library of Munich, Germany.
    2. Jingfeng Lu, 2009. "Auction design with opportunity cost," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 38(1), pages 73-103, January.
    3. Cristián Troncoso Valverde, 2011. "Information Provision in Competing Auctions," Working Papers 25, Facultad de Economía y Empresa, Universidad Diego Portales.

  14. Lu, Jingfeng & Perrigne, Isabelle, 2006. "Estimating risk aversion from ascending and sealed-bid auctions: the case of timber auction data," MPRA Paper 948, University Library of Munich, Germany.

    Cited by:

    1. Yao Luo & Peijun Sang & Ruli Xiao, 2024. "Order Statistics Approaches to Unobserved Heterogeneity in Auctions," Working Papers tecipa-776, University of Toronto, Department of Economics.
    2. Hanming Fang & Xun Tang, 2013. "Inference of Bidders' Risk Attitudes in Ascending Auctions with Endogenous Entry," NBER Working Papers 19435, National Bureau of Economic Research, Inc.
    3. Federico Zincenko, 2016. "Nonparametric Estimation of First-Price Auctions with Risk-Averse Bidders," Working Paper 5855, Department of Economics, University of Pittsburgh.
    4. Matthew Gentry & Tong Li & Jingfeng Lu, 2015. "Identification and estimation in first-price auctions with risk-averse bidders and selective entry," CeMMAP working papers 16/15, Institute for Fiscal Studies.
    5. Sokbae (Simon) Lee & Kyungchui (Kevin) Song & Yoon-Jae Whang, 2014. "Testing for a general class of functional inequalities," CeMMAP working papers CWP09/14, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
    6. Hanming Fang & Xun Tang, 2013. "Inference of Bidders’ Risk Attitudes in Ascending Auctions with Endogenous Entry," PIER Working Paper Archive 13-056, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    7. Kim, Dong-Hyuk, 2013. "Optimal choice of a reserve price under uncertainty," International Journal of Industrial Organization, Elsevier, vol. 31(5), pages 587-602.
    8. Michele Fioretti, 2022. "Caring or Pretending to Care? Social Impact, Firms' Objectives, and Welfare (former title: Social Responsibility and Firm's Objectives)," Sciences Po Economics Discussion Papers hal-03393065, HAL.
    9. Nianqing Liu & Yao Luo, 2017. "A Nonparametric Test For Comparing Valuation Distributions In First‐Price Auctions," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 58(3), pages 857-888, August.
    10. Yu, Shi & Wang, Haoran & Dong, Chaosheng, 2023. "Learning risk preferences from investment portfolios using inverse optimization," Research in International Business and Finance, Elsevier, vol. 64(C).
    11. Zhang, Yu Yvette, 2022. "Nonparametric estimation of first price auctions via density–quantile function," Economics Letters, Elsevier, vol. 216(C).
    12. Nathalie Gimenes & Tonghui Qi & Sorawoot Srisuma, 2025. "Identification and Estimation of Seller Risk Aversion in Ascending Auctions," Papers 2509.19945, arXiv.org, revised Feb 2026.
    13. Lamy, Laurent, 2012. "The econometrics of auctions with asymmetric anonymous bidders," Journal of Econometrics, Elsevier, vol. 167(1), pages 113-132.
    14. Yunmi Kong, 2020. "Not knowing the competition: evidence and implications for auction design," RAND Journal of Economics, RAND Corporation, vol. 51(3), pages 840-867, September.
    15. Tatoutchoup, Francis Didier, 2017. "Forestry auctions with interdependent values: Evidence from timber auctions," Forest Policy and Economics, Elsevier, vol. 80(C), pages 107-115.
    16. Helland, Leif & Iachan, Felipe S. & Juelsrud, Ragnar E. & Nenov, Plamen T., 2021. "Information quality and regime change: Evidence from the lab," Journal of Economic Behavior & Organization, Elsevier, vol. 191(C), pages 538-554.
    17. Hickman Brent R. & Hubbard Timothy P. & Sağlam Yiğit, 2012. "Structural Econometric Methods in Auctions: A Guide to the Literature," Journal of Econometric Methods, De Gruyter, vol. 1(1), pages 67-106, August.
    18. Gimenes, Nathalie & Guerre, Emmanuel, 2022. "Quantile regression methods for first-price auctions," Journal of Econometrics, Elsevier, vol. 226(2), pages 224-247.
    19. Yao Luo, 2018. "Unobserved Heterogeneity in Auctions under Restricted Stochastic Dominance," Working Papers tecipa-606, University of Toronto, Department of Economics.
    20. Serafin J. Grundl & Yu Zhu, 2019. "Robust Inference in First-Price Auctions : Experimental Findings as Identifying Restrictions," Finance and Economics Discussion Series 2019-006, Board of Governors of the Federal Reserve System (U.S.).
    21. Shi Yu & Haoran Wang & Chaosheng Dong, 2020. "Learning Risk Preferences from Investment Portfolios Using Inverse Optimization," Papers 2010.01687, arXiv.org, revised Feb 2021.
    22. Olivier Bos & Francisco Gomez-Martinez & Sander Onderstal, 2022. "Signalling in auctions for risk-averse bidders," PLOS ONE, Public Library of Science, vol. 17(10), pages 1-8, October.
    23. Doran, Colin & Stratmann, Thomas, 2021. "How does liability affect prices? Railroad sparks and timber," International Review of Law and Economics, Elsevier, vol. 66(C).
    24. Aradillas-López, Andrés & Gandhi, Amit & Quint, Daniel, 2016. "A simple test for moment inequality models with an application to English auctions," Journal of Econometrics, Elsevier, vol. 194(1), pages 96-115.
    25. Li, Zhen & Kuo, Ching-Chung, 2011. "Revenue-maximizing Dutch auctions with discrete bid levels," European Journal of Operational Research, Elsevier, vol. 215(3), pages 721-729, December.
    26. Joseph Kuehn, 2019. "Estimating Auctions with Externalities: The Case of USFS Timber Auctions," The Review of Economics and Statistics, MIT Press, vol. 101(5), pages 791-807, December.
    27. Emmanuel Guerre & Yao Luo, 2019. "Nonparametric Identification of First-Price Auction with Unobserved Competition: A Density Discontinuity Framework," Papers 1908.05476, arXiv.org, revised Dec 2024.
    28. Diwakar Gupta & Matt Schmitt & Ioannis Stamatopoulos, 2026. "Local Cost Synergies in Reverse Auctions: An Application to Road Salt Procurement," Operations Research, INFORMS, vol. 74(2), pages 651-666, March.
    29. Aguirregabiria, Victor & Slade, Margaret, 2017. "Empirical Models of Firms and Industries," CEPR Discussion Papers 12074, Centre for Economic Policy Research.
    30. Nathalie Gimenes, 2014. "Econometrics of Ascending Auctions by Quantile Regression," Working Papers, Department of Economics 2014_25, University of São Paulo (FEA-USP).
    31. Jayeeta Bhattacharya, 2020. "Quantile regression with generated dependent variable and covariates," Papers 2012.13614, arXiv.org.
    32. Muhammad Ejaz & Stephen Joe & Chaitanya Joshi, 2021. "Adversarial Risk Analysis for Auctions Using Mirror Equilibrium and Bayes Nash Equilibrium," Decision Analysis, INFORMS, vol. 18(3), pages 185-202, September.
    33. Robertson, Matthew J., 2025. "Procurement with competing insiders," Economics Letters, Elsevier, vol. 250(C).
    34. Jihui Chen & Maochao Xu, 2015. "Asymmetry and revenue in second-price auctions: a majorization approach," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 39(3), pages 625-640, July.
    35. Kim, Dong-Hyuk & Ratan, Anmol, 2022. "Disentangling risk aversion and loss aversion in first-price auctions: An empirical approach," European Economic Review, Elsevier, vol. 150(C).
    36. Grundl, Serafin & Zhu, Yu, 2026. "A simple, robust identification approach for first-price auctions," Journal of Econometrics, Elsevier, vol. 253(C).
    37. Chernomaz Kirill & Yoshimoto Hisayuki, 2020. "How Accurately Do Structural Asymmetric First-Price Auction Estimates Represent True Valuations?," Journal of Econometric Methods, De Gruyter, vol. 9(1), pages 1-19, January.
    38. Gaurab Aryal & Dong-Hyuk Kim, 2015. "Empirical Relevance of Ambiguity in First Price Auction Models," Papers 1504.02516, arXiv.org.
    39. Grundl, Serafin & Zhu, Yu, 2023. "Robust inference in first-price auctions: Overbidding as an identifying restriction," Journal of Econometrics, Elsevier, vol. 235(2), pages 484-506.
    40. Xiaohong Chen & Matthew Gentry & Tong Li & Jingfeng Lu, 2020. "Identification and Inference in First-Price Auctions with Risk Averse Bidders and Selective Entry," Cowles Foundation Discussion Papers 2257, Cowles Foundation for Research in Economics, Yale University.
    41. Gaurab Aryal & Isabelle Perrigne & Quang Vuong, 2011. "Identification of Insurance Models with Multidimensional Screening," ANU Working Papers in Economics and Econometrics 2011-538, Australian National University, College of Business and Economics, School of Economics.
    42. Gentry, Matthew & Li, Tong & Lu, Jingfeng, 2015. "Existence of monotone equilibrium in first price auctions with private risk aversion and private initial wealth," Games and Economic Behavior, Elsevier, vol. 94(C), pages 214-221.
    43. Pasha Andreyanov & El Hadi Caoui, 2022. "Secret reserve prices by uninformed sellers," Quantitative Economics, Econometric Society, vol. 13(3), pages 1203-1256, July.
    44. Samuel Häfner, 2023. "Risk aversion in share auctions: Estimating import rents from TRQs in Switzerland," Quantitative Economics, Econometric Society, vol. 14(2), pages 419-470, May.
    45. Kim, Dong-Hyuk, 2015. "Nonparametric estimation of utility function in first-price sealed-bid auctions," Economics Letters, Elsevier, vol. 126(C), pages 101-106.
    46. Laurent LAMY & Manasa PATNAM & Michael VISSER, 2019. "Distinguishing Incentive from Selection Effects in Auction-Determined Contracts," Working Papers 2019-15, Center for Research in Economics and Statistics.
    47. Shi, Haolun & Yin, Guosheng, 2018. "Boosting conditional logit model," Journal of choice modelling, Elsevier, vol. 26(C), pages 48-63.
    48. Zhang, Yu Yvette, 2017. "A shape constrained estimator of bidding function of first-price sealed-bid auctions," Economics Letters, Elsevier, vol. 150(C), pages 67-72.
    49. Nianqing Liu & Kexin Xu, 2024. "Nonparametric estimation of English auctions with selective entry: An application to online judicial auctions," International Studies of Economics, John Wiley & Sons, vol. 19(2), pages 247-267, June.
    50. Vasserman, Shoshana & Watt, Mitchell, 2021. "Risk aversion and auction design: Theoretical and empirical evidence," International Journal of Industrial Organization, Elsevier, vol. 79(C).
    51. Tong Li & Jingfeng Lu & Li Zhao, 2015. "Auctions with selective entry and risk averse bidders: theory and evidence," RAND Journal of Economics, RAND Corporation, vol. 46(3), pages 524-545, September.
    52. Jun, Sung Jae & Zincenko, Federico, 2022. "Testing for risk aversion in first-price sealed-bid auctions," Journal of Econometrics, Elsevier, vol. 226(2), pages 295-320.
    53. Gaurab Aryal & Hanna Charankevich & Seungwon Jeong & Dong-Hyuk Kim, 2021. "Procurements with Bidder Asymmetry in Cost and Risk-Aversion," Papers 2111.04626, arXiv.org, revised Jul 2022.
    54. Laurent Lamy & Manasa Patnam & Michael Visser, 2023. "Distinguishing incentive from selection effects in auction-determined contracts," Post-Print hal-04382099, HAL.
    55. Zincenko, Federico, 2024. "Estimation and inference of seller’s expected revenue in first-price auctions," Journal of Econometrics, Elsevier, vol. 241(1).
    56. Zhen Li & Ching-Chung Kuo, 2013. "Design of discrete Dutch auctions with an uncertain number of bidders," Annals of Operations Research, Springer, vol. 211(1), pages 255-272, December.
    57. Colin Doran & Thomas Stratmann, 2021. "The effects of neighboring parties on the value of rights: Evidence from timber harvests," Southern Economic Journal, John Wiley & Sons, vol. 88(2), pages 705-756, October.
    58. Grundl, Serafin & Zhu, Yu, 2019. "Identification and estimation of risk aversion in first-price auctions with unobserved auction heterogeneity," Journal of Econometrics, Elsevier, vol. 210(2), pages 363-378.
    59. Xin An & Shulin Liu & Shuo Xu, 2011. "Piecewise Pseudo-Maximum Likelihood Estimation for Risk Aversion Case in First-Price Sealed-Bid Auction," Computational Economics, Springer;Society for Computational Economics, vol. 38(4), pages 439-463, November.
    60. Nianqing Liu & Yao Luo, 2014. "A Nonparametric Test of Exogenous Participation in First-Price Auctions," Working Papers tecipa-519, University of Toronto, Department of Economics.
    61. Hanming Fang & Xun Tang, 2011. "Inference of Bidders’ Risk Attitudes in Ascending Auctions with Endogenous Entry, Second Version," PIER Working Paper Archive 12-016, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 17 Apr 2012.
    62. Sağlam, Yiğit, 2012. "Structural Econometric Methods in Auctions: A Guide to the Literature," Working Paper Series 19224, Victoria University of Wellington, The New Zealand Institute for the Study of Competition and Regulation.
    63. Gentry, Matthew & Komarova, Tatiana & Schiraldi, Pasquale, 2023. "Preferences and performance in simultaneous first-price auctions: a structural analysis," LSE Research Online Documents on Economics 115627, London School of Economics and Political Science, LSE Library.
    64. Aryal, Gaurab & Grundl, Serafin & Kim, Dong-Hyuk & Zhu, Yu, 2018. "Empirical relevance of ambiguity in first-price auctions," Journal of Econometrics, Elsevier, vol. 204(2), pages 189-206.

  15. Fu, Qiang & Lu, Jingfeng, 2006. "Contest design and optimal endogenous entry," MPRA Paper 945, University Library of Munich, Germany.

    Cited by:

    1. Ginzburg, Boris, 2019. "Optimal Price of Entry into a Competition," MPRA Paper 96367, University Library of Munich, Germany.
    2. Thomas, Jonathan P. & Wang, Zhewei, 2013. "Optimal punishment in contests with endogenous entry," Journal of Economic Behavior & Organization, Elsevier, vol. 91(C), pages 34-50.
    3. Jean-François Mercier, 2018. "Selecting contestants for a rent-seeking contest," International Journal of Game Theory, Springer;Game Theory Society, vol. 47(3), pages 927-947, September.
    4. Robert Ridlon, 2016. "Does Manufacturer Advertising Crowd‐in or Crowd‐out Retailer Advertising? An Application of an Endogenous Prize Contest with Asymmetric Players," Southern Economic Journal, John Wiley & Sons, vol. 83(2), pages 364-379, October.
    5. Gu, Yiquan & Hehenkamp, Burkhard & Leininger, Wolfgang, 2017. "The Dark Side of the Force: Evolutionary Equilibrium in Contests with Stochastic Entry," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking 168168, Verein für Socialpolitik / German Economic Association.
    6. Martin Grossmann, 2021. "Asymmetric Opportunities After an Unsuccessful Sports Career," Journal of Sports Economics, , vol. 22(5), pages 587-612, June.
    7. Grossmann, Martin & Dietl, Helmut, 2015. "Heterogeneous outside options in contests," European Journal of Political Economy, Elsevier, vol. 37(C), pages 280-287.
    8. Luke Boosey & Philip Brookins & Dmitry Ryvkin, 2016. "Contests with group size uncertainty: Experimental evidence," Working Papers wp2016_07_01, Department of Economics, Florida State University.
    9. Clark, Derek J. & Kundu, Tapas, 2026. "Endogenous entry and investment in an all-pay auction," Journal of Mathematical Economics, Elsevier, vol. 122(C).
    10. Ta, Chi L., 2024. "Do conservation contests work? An analysis of a large-scale energy competitive rebate program," Journal of Environmental Economics and Management, Elsevier, vol. 124(C).
    11. Yiquan Gu & Burkhard Hehenkamp & Wolfgang Leininger, 2018. "Evolutionary Equilibrium in Contests with Stochastic Participation: Entry, Effort and Overdissipation," Working Papers 201810, University of Liverpool, Department of Economics.
    12. Fu, Qiang & Lu, Jingfeng & Lu, Yuanzhu, 2012. "Incentivizing R&D: Prize or subsidies?," International Journal of Industrial Organization, Elsevier, vol. 30(1), pages 67-79.
    13. Giebe, Thomas, 2014. "Innovation contests with entry auction," Journal of Mathematical Economics, Elsevier, vol. 55(C), pages 165-176.
    14. Franke, Jörg & Kanzow, Christian & Leininger, Wolfgang & Schwartz, Alexandra, 2014. "Lottery versus all-pay auction contests: A revenue dominance theorem," Games and Economic Behavior, Elsevier, vol. 83(C), pages 116-126.
    15. Jiao, Qian & Ke, Changxia & Liu, Yang, 2022. "When to disclose the number of contestants: Theory and experimental evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 193(C), pages 146-160.
    16. Aycinena, Diego & Rentschler, Lucas, 2019. "Entry in contests with incomplete information: Theory and experiments," European Journal of Political Economy, Elsevier, vol. 60(C).
    17. Liqun Liu & Jack Meyer & Andrew J. Rettenmaier & Thomas R. Saving, 2018. "Risk and risk aversion effects in contests with contingent payments," Journal of Risk and Uncertainty, Springer, vol. 56(3), pages 289-305, June.
    18. Drugov, Mikhail & Ryvkin, Dmitry, 2017. "Winner-Take-All Tournaments," CEPR Discussion Papers 12067, Centre for Economic Policy Research.
    19. Dongryul Lee & Joon Song, 2019. "Optimal Team Contests to Induce More Efforts," Journal of Sports Economics, , vol. 20(3), pages 448-476, April.
    20. Martin Grossmann, 2021. "Entry regulations and optimal prize allocation in parallel contests," Review of Economic Design, Springer;Society for Economic Design, vol. 25(4), pages 289-316, December.
    21. Dmitry Ryvkin & Mikhail Drugov, 2017. "Tournaments," Working Papers wp2017_03_02, Department of Economics, Florida State University.

Articles

  1. Gao, Lei & Lu, Jingfeng & Wang, Zhewei, 2025. "Move orders in contests: Equilibria and winning chances," Games and Economic Behavior, Elsevier, vol. 150(C), pages 436-468.

    Cited by:

    1. Fabian Dietz & Stephan Eitel, 2025. "Endogenous Incumbency in Repeated Contests," Working Papers 243, Bavarian Graduate Program in Economics (BGPE).
    2. Cai, Yichuan, 2025. "Optimal matching in best-of-three team contests," Economics Letters, Elsevier, vol. 255(C).
    3. Klunover, Doron, 2026. "Endogenous technology choice in contests," Mathematical Social Sciences, Elsevier, vol. 139(C).

  2. Feng, Xin & Jiao, Qian & Kuang, Zhonghong & Lu, Jingfeng, 2024. "Optimal prize design in team contests with pairwise battles," Journal of Economic Theory, Elsevier, vol. 215(C).

    Cited by:

    1. Martin Grossmann, 2026. "Adjustment costs and fluctuations in competitions," Economica, London School of Economics and Political Science, vol. 93(369), pages 260-297, January.
    2. Cai, Yichuan, 2025. "Optimal matching in best-of-three team contests," Economics Letters, Elsevier, vol. 255(C).
    3. Jiao, Qian & Kuang, Zhonghong & Liu, Yiran & Yu, Yang, 2025. "Optimal tree contest design and winner-take-all," Games and Economic Behavior, Elsevier, vol. 151(C), pages 1-23.

  3. Haoming Liu & Jingfeng Lu & Yohanes E. Riyanto & Zhe Wang, 2024. "Contests with multiplicative sabotage effect," Theory and Decision, Springer, vol. 97(3), pages 499-526, November.

    Cited by:

    1. Klunover, Doron, 2025. "Strategic behavior in contests with sabotage," Mathematical Social Sciences, Elsevier, vol. 138(C).

  4. Lu, Jingfeng & Shen, Bo & Wang, Zhewei, 2024. "Performance bundling in multi-dimensional competitions," International Journal of Industrial Organization, Elsevier, vol. 95(C).

    Cited by:

    1. Siyuan Fan & Zhonghong Kuang & Jingfeng Lu, 2026. "Generalized Multidimensional Contests with Asymmetric Players: Equilibrium and Optimal Prize Design," Papers 2602.21564, arXiv.org, revised Mar 2026.
    2. Gao, Rui & Lu, Jingfeng & Wang, Zhewei & Zhou, Lixue, 2025. "Design tools for all-pay contests: Aligning incentives and balancing the playing field," Journal of Mathematical Economics, Elsevier, vol. 121(C).

  5. Jingfeng Lu & Zhewei Wang & Lixue Zhou, 2023. "Nested Tullock contests with nonmonotone prizes," International Journal of Game Theory, Springer;Game Theory Society, vol. 52(1), pages 303-332, March.

    Cited by:

    1. Sela, Aner, 2025. "Status classification by lottery contests," European Economic Review, Elsevier, vol. 173(C).
    2. Wang, Zijia, 2026. "Sequential elimination contests with repechage," Journal of Mathematical Economics, Elsevier, vol. 122(C).

  6. Lu, Jingfeng & Ma, Hongkun & Wang, Zhewei, 2023. "Information sharing decisions in all-pay auctions with correlated types," Journal of Mathematical Economics, Elsevier, vol. 107(C).

    Cited by:

    1. Feng, Xin & Song, Shuangteng, 2025. "Information acquisition in all-pay contests," Economics Letters, Elsevier, vol. 256(C).

  7. Haoming Liu & Jingfeng Lu & Alberto Salvo, 2023. "Willingness to fight on: Environmental quality in dynamic contests," RAND Journal of Economics, RAND Corporation, vol. 54(2), pages 189-239, June.

    Cited by:

    1. Mo, Jiawei & Wu, Zenan & Yuan, Ye, 2023. "Air pollution kills competition: Evidence from eSports," Journal of Environmental Economics and Management, Elsevier, vol. 122(C).

  8. Hwang, Sung-Ha & Koh, Youngwoo & Lu, Jingfeng, 2023. "Constrained contests with a continuum of battles," Games and Economic Behavior, Elsevier, vol. 142(C), pages 992-1011.

    Cited by:

    1. Sung‐Ha Hwang & Youngwoo Koh, 2024. "Wars of attrition with spending constraints," International Journal of Economic Theory, The International Society for Economic Theory, vol. 20(2), pages 227-242, June.
    2. Yan Liu & Ying Qin & Zihe Wang, 2025. "Simultaneous All-Pay Auctions with Budget Constraints," Papers 2505.03291, arXiv.org, revised Jul 2025.

  9. Liu, Bin & Lu, Jingfeng, 2023. "Optimal orchestration of rewards and punishments in rank-order contests," Journal of Economic Theory, Elsevier, vol. 208(C).

    Cited by:

    1. Fupeng Sun & Yanwei Sun & Chiwei Yan & Li Jin, 2026. "Restricting entries to all-pay contests," International Journal of Game Theory, Springer;Game Theory Society, vol. 55(1), pages 1-46, June.
    2. Martin Grossmann, 2026. "Adjustment costs and fluctuations in competitions," Economica, London School of Economics and Political Science, vol. 93(369), pages 260-297, January.
    3. Aner Sela & Yizhaq Minchuk, 2024. "Carrots and sticks: collaboration of taxation and subsidies in contests," Working Papers 2407, Ben-Gurion University of the Negev, Department of Economics.
    4. Feng, Xin & Jiao, Qian & Kuang, Zhonghong & Lu, Jingfeng, 2024. "Optimal prize design in team contests with pairwise battles," Journal of Economic Theory, Elsevier, vol. 215(C).

  10. Lu, Jingfeng & Wang, Zhewei & Zhou, Lixue, 2022. "Optimal favoritism in contests with identity-contingent prizes," Journal of Economic Behavior & Organization, Elsevier, vol. 196(C), pages 40-50.

    Cited by:

    1. Cardona, Daniel & Claveria-Mayol, Marc & Ponsatí, Clara, 2025. "Contests with endogenous claims: Conflict dissipation," Economics Letters, Elsevier, vol. 256(C).
    2. Martin Grossmann, 2026. "Adjustment costs and fluctuations in competitions," Economica, London School of Economics and Political Science, vol. 93(369), pages 260-297, January.
    3. Protopappas, Konstantinos & Rietzke, David, 2025. "Incentivizing variety in innovation contests with specialized suppliers," Games and Economic Behavior, Elsevier, vol. 153(C), pages 586-621.
    4. Aner Sela & Amit Yeshayahu, 2022. "Contests with identity-dependent externalities," Working Papers 2203, Ben-Gurion University of the Negev, Department of Economics.
    5. Huang, Ying & Jiao, Qian & Shen, Bo & Sun, Xiang, 2023. "Conflicts in regular networks," Journal of Mathematical Economics, Elsevier, vol. 106(C).

  11. Lu, Jingfeng & Lu, Yuanzhu & Wang, Zhewei & Zhou, Lixue, 2022. "Winner-leave versus loser-leave in multi-stage nested Tullock contests," Games and Economic Behavior, Elsevier, vol. 132(C), pages 337-352.

    Cited by:

    1. Fu, Qiang & Wu, Zenan & Zhu, Yuxuan, 2023. "On equilibrium uniqueness in generalized multi-prize nested lottery contests," Games and Economic Behavior, Elsevier, vol. 139(C), pages 180-199.

  12. Lu, Jingfeng & Wang, Zijia, 2021. "Optimal selling mechanisms with buyer price search," Journal of Economic Theory, Elsevier, vol. 196(C).

    Cited by:

    1. Lu, Jingfeng & Zhao, Wenbo, 2026. "Intertemporal bundling," Journal of Economic Theory, Elsevier, vol. 231(C).
    2. Zhenyu Hu & Yangge Xiao, 2025. "Optimal Dynamic Mechanism Under Customer Search," Operations Research, INFORMS, vol. 73(4), pages 2045-2060, July.
    3. Huiyi Guo & Wei He & Bin Liu, 2022. "Learning by Consuming: Optimal Pricing with Endogenous Information Provision," Papers 2209.01453, arXiv.org.
    4. Meng, Dawen & Sun, Lei & Tian, Guoqiang, 2022. "Dynamic mechanism design on social networks," Games and Economic Behavior, Elsevier, vol. 131(C), pages 84-120.
    5. Pham, Hien, 2025. "Discriminatory Search Deterrence," Journal of Mathematical Economics, Elsevier, vol. 119(C).

  13. Jingfeng Lu & Lixin Ye & Xin Feng, 2021. "Orchestrating Information Acquisition," American Economic Journal: Microeconomics, American Economic Association, vol. 13(4), pages 420-465, November.

    Cited by:

    1. Shin, Dongsoo & Yun, Sungho, 2023. "Information acquisition and countervailing incentives," Journal of Mathematical Economics, Elsevier, vol. 107(C).
    2. Xin Feng & Jingfeng Lu, 2026. "Selling to a continuum of buyers with private values and entry costs," Economic Inquiry, Western Economic Association International, vol. 64(3), pages 895-915, July.
    3. Vitali Gretschko & Jasmina Simon, 2024. "An Efficient Dynamic Mechanism with Covert Information Acquisition," CRC TR 224 Discussion Paper Series crctr224_2024_616, University of Bonn and University of Mannheim, Germany.
    4. Huiyi Guo & Wei He & Bin Liu, 2022. "Learning by Consuming: Optimal Pricing with Endogenous Information Provision," Papers 2209.01453, arXiv.org.
    5. Singer, Alexander, 2026. "Dealer competition in over-the-counter markets," Journal of Financial Markets, Elsevier, vol. 77(C).
    6. Agastya, Murali & Feng, Xin & Lu, Jingfeng, 2023. "Auction design with shortlisting when value discovery is covert," Journal of Mathematical Economics, Elsevier, vol. 107(C).
    7. Guo, Yingni & Hao, Li & Shi, Xianwen, 2025. "Optimal discriminatory disclosure," Journal of Economic Theory, Elsevier, vol. 224(C).

  14. Lu, Jingfeng & Lu, Zongwei & Riis, Christian, 2021. "Perfect bidder collusion through bribe and request," Games and Economic Behavior, Elsevier, vol. 129(C), pages 1-14.
    See citations under working paper version above.
  15. Xin Feng & Jingfeng Lu & Yeneng Sun, 2020. "Ex Ante Efficient Mechanism With Private Entry Costs," Economic Inquiry, Western Economic Association International, vol. 58(3), pages 1531-1541, July.

    Cited by:

    1. Xin Feng & Jingfeng Lu, 2026. "Selling to a continuum of buyers with private values and entry costs," Economic Inquiry, Western Economic Association International, vol. 64(3), pages 895-915, July.
    2. Cao, Xiaoyong & Wang, Wei, 2024. "First-price auctions with unobservable entry," Economics Letters, Elsevier, vol. 239(C).

  16. Lu, Jingfeng & Lu, David, 2020. "Task arrangement in team competitions," Economics Letters, Elsevier, vol. 193(C).

    Cited by:

    1. Maria Arbatskaya & Hideo Konishi, 2025. "Dynamic team contests with complementary efforts," Review of Economic Design, Springer;Society for Economic Design, vol. 29(3), pages 611-633, September.
    2. Maria Arbatskaya & Hideo Konishi, 2025. "Disclosing Effort in Dynamic Team Contests with Effort Complementarity," Boston College Working Papers in Economics 1094, Boston College Department of Economics.
    3. Stefano Barbieri, 2026. "Sequential team contests: alternating or specializing?," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 81(3), pages 807-834, May.

  17. Qiang Fu & Jingfeng Lu, 2020. "On Equilibrium Player Ordering In Dynamic Team Contests," Economic Inquiry, Western Economic Association International, vol. 58(4), pages 1830-1844, October.

    Cited by:

    1. Barbieri, Stefano & Serena, Marco, 2024. "Winner's effort in multi-battle team contests," Games and Economic Behavior, Elsevier, vol. 145(C), pages 526-556.
    2. Maria Arbatskaya & Hideo Konishi, 2025. "Dynamic team contests with complementary efforts," Review of Economic Design, Springer;Society for Economic Design, vol. 29(3), pages 611-633, September.
    3. Peter‐J. Jost, 2024. "First home or first away? Optimal ordering in two‐legged ties," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 45(1), pages 54-69, January.
    4. Cai, Yichuan, 2025. "Optimal matching in best-of-three team contests," Economics Letters, Elsevier, vol. 255(C).
    5. Lu, Jingfeng & Lu, David, 2020. "Task arrangement in team competitions," Economics Letters, Elsevier, vol. 193(C).
    6. Stefano Barbieri, 2026. "Sequential team contests: alternating or specializing?," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 81(3), pages 807-834, May.

  18. Liu, Bin & Liu, Dongri & Lu, Jingfeng, 2020. "Shifting supports in Esö and Szentes (2007)," Economics Letters, Elsevier, vol. 193(C).

    Cited by:

    1. Lu, Jingfeng & Zhao, Wenbo, 2026. "Intertemporal bundling," Journal of Economic Theory, Elsevier, vol. 231(C).
    2. Liu, Dongri & Lu, Jingfeng, 2025. "An implementation of the general optimal mechanism in Esö and Szentes (2007)," Games and Economic Behavior, Elsevier, vol. 151(C), pages 82-94.
    3. Lu, Jingfeng & Wang, Zijia, 2021. "Optimal selling mechanisms with buyer price search," Journal of Economic Theory, Elsevier, vol. 196(C).
    4. Meng, Dawen & Sun, Lei & Tian, Guoqiang, 2022. "Dynamic mechanism design on social networks," Games and Economic Behavior, Elsevier, vol. 131(C), pages 84-120.

  19. Liu, Bin & Lu, Jingfeng, 2019. "The optimal allocation of prizes in contests with costly entry," International Journal of Industrial Organization, Elsevier, vol. 66(C), pages 137-161.

    Cited by:

    1. Letina, Igor & Liu, Shuo & Netzer, Nick, 2022. "Optimal Contest Design: Tuning the Heat," CEPR Discussion Papers 14854, Centre for Economic Policy Research.
    2. Whitmeyer, Mark, 2023. "Submission costs in risk-taking contests," Games and Economic Behavior, Elsevier, vol. 142(C), pages 101-112.
    3. Martin Grossmann, 2021. "Asymmetric Opportunities After an Unsuccessful Sports Career," Journal of Sports Economics, , vol. 22(5), pages 587-612, June.
    4. Clark, Derek J. & Kundu, Tapas, 2026. "Endogenous entry and investment in an all-pay auction," Journal of Mathematical Economics, Elsevier, vol. 122(C).
    5. Ta, Chi L., 2024. "Do conservation contests work? An analysis of a large-scale energy competitive rebate program," Journal of Environmental Economics and Management, Elsevier, vol. 124(C).
    6. Shelegia, Sandro & Wilson, Chris M., 2022. "Costly participation and default allocations in all-pay contests," MPRA Paper 115027, University Library of Munich, Germany.
    7. Goel, Sumit, 2025. "Optimal grading contests," Games and Economic Behavior, Elsevier, vol. 152(C), pages 133-149.
    8. Liu, Bin & Lu, Jingfeng, 2023. "Optimal orchestration of rewards and punishments in rank-order contests," Journal of Economic Theory, Elsevier, vol. 208(C).
    9. Mark Whitmeyer, 2021. "Submission Fees in Risk-Taking Contests," Papers 2108.13506, arXiv.org.

  20. Robert G. Hammond & Bin Liu & Jingfeng Lu & Yohanes E. Riyanto, 2019. "Enhancing Effort Supply With Prize‐Augmenting Entry Fees: Theory And Experiments," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 60(3), pages 1063-1096, August.

    Cited by:

    1. Clark, Derek J. & Kundu, Tapas, 2026. "Endogenous entry and investment in an all-pay auction," Journal of Mathematical Economics, Elsevier, vol. 122(C).
    2. Jiao, Qian & Ke, Changxia & Liu, Yang, 2022. "When to disclose the number of contestants: Theory and experimental evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 193(C), pages 146-160.
    3. Dong, Xiaoqi & Fu, Qiang & Serena, Marco & Wu, Zenan, 2025. "R&D contest design with resource allocation and entry fees," Journal of Economic Behavior & Organization, Elsevier, vol. 238(C).
    4. Luke Boosey & Philip Brookins & Dmitry Ryvkin, 2020. "Entry in group contests," Working Papers wp2020_02_01, Department of Economics, Florida State University.
    5. Liu, Bin & Lu, Jingfeng, 2023. "Optimal orchestration of rewards and punishments in rank-order contests," Journal of Economic Theory, Elsevier, vol. 208(C).
    6. Liu, Bin & Lu, Jingfeng, 2019. "The optimal allocation of prizes in contests with costly entry," International Journal of Industrial Organization, Elsevier, vol. 66(C), pages 137-161.
    7. John Duffy & Alexander Matros & Zehra Valencia, 2023. "Contests with entry fees: theory and evidence," Review of Economic Design, Springer;Society for Economic Design, vol. 27(4), pages 725-761, December.

  21. Jingfeng Lu & Hongkun Ma & Zhe Wang, 2018. "Ranking Disclosure Policies In All‐Pay Auctions," Economic Inquiry, Western Economic Association International, vol. 56(3), pages 1464-1485, July.

    Cited by:

    1. Ford, Weixing & Lian, Zeng & Lien, Jaimie W. & Zheng, Jie, 2020. "Information sharing in a contest game with group identity," Economics Letters, Elsevier, vol. 189(C).
    2. Chen, Bo, 2020. "Disclosure policies in research contests with stochastic entry," Economics Letters, Elsevier, vol. 191(C).
    3. Fupeng Sun & Yanwei Sun & Chiwei Yan & Li Jin, 2026. "Restricting entries to all-pay contests," International Journal of Game Theory, Springer;Game Theory Society, vol. 55(1), pages 1-46, June.
    4. Zhuoqiong Chen, 2021. "All-pay auctions with private signals about opponents’ values," Review of Economic Design, Springer;Society for Economic Design, vol. 25(1), pages 33-64, June.
    5. Antsygina, Anastasia, 2026. "Optimal information disclosure in competing contests with budget constrained players," Journal of Economic Behavior & Organization, Elsevier, vol. 241(C).
    6. Chen, Bo & Serena, Marco & Wang, Zijia, 2024. "Disclosure policies in all-pay auctions with affiliated values," Economic Modelling, Elsevier, vol. 141(C).
    7. Xin Feng, 2023. "Information disclosure in all-pay contests with costly entry," International Journal of Game Theory, Springer;Game Theory Society, vol. 52(2), pages 401-421, June.
    8. Chen, Bo & Chen, Bo, 2024. "Optimal disclosure in all-pay auctions with interdependent valuations," Games and Economic Behavior, Elsevier, vol. 143(C), pages 204-222.
    9. Chen, Bo & Ma, Lijun & Zhu, Zhaobo & Zhou, Yu, 2020. "Disclosure policies in all-pay auctions with bid caps and stochastic entry," Economics Letters, Elsevier, vol. 186(C).
    10. Shanglyu Deng & Hanming Fang & Qiang Fu & Zenan Wu, 2023. "Information Favoritism and Scoring Bias in Contests," PIER Working Paper Archive 23-002, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    11. Chen, Zhuoqiong, 2025. "Know thy enemy: Information acquisition in contests," European Economic Review, Elsevier, vol. 177(C).
    12. Chen, Bo & Serena, Marco, 2023. "Disclosure Policies in All-Pay Auctions with Bid Caps," Journal of Economic Behavior & Organization, Elsevier, vol. 209(C), pages 141-160.

  22. Bin Liu & Jingfeng Lu, 2018. "Pairing provision price and default remedy: optimal two‐stage procurement with private R&D efficiency," RAND Journal of Economics, RAND Corporation, vol. 49(3), pages 619-655, September.

    Cited by:

    1. Wei He, 2023. "Technical Note—Dynamic Mechanism Design with Capacity Constraint," Operations Research, INFORMS, vol. 71(5), pages 1610-1618, September.
    2. Lee, Jun Gon & Park, Min Jae, 2020. "Evaluation of technological competence and operations efficiency in the defense industry: The strategic planning of South Korea," Evaluation and Program Planning, Elsevier, vol. 79(C).
    3. Feng, Felix Zhiyu & Luo, Robin Yifan & Michaeli, Beatrice, 2024. "In search of a unicorn: Dynamic agency with endogenous investment opportunities," Journal of Accounting and Economics, Elsevier, vol. 78(2).
    4. Huiyi Guo & Wei He & Bin Liu, 2022. "Learning by Consuming: Optimal Pricing with Endogenous Information Provision," Papers 2209.01453, arXiv.org.
    5. Vivek Bhattacharya, 2021. "An Empirical Model of R&D Procurement Contests: An Analysis of the DOD SBIR Program," Econometrica, Econometric Society, vol. 89(5), pages 2189-2224, September.
    6. Lu, Jingfeng & Wang, Zijia, 2021. "Optimal selling mechanisms with buyer price search," Journal of Economic Theory, Elsevier, vol. 196(C).
    7. Meng, Dawen & Sun, Lei & Tian, Guoqiang, 2022. "Dynamic mechanism design on social networks," Games and Economic Behavior, Elsevier, vol. 131(C), pages 84-120.

  23. Feng, Xin & Lu, Jingfeng, 2018. "How to split the pie: Optimal rewards in dynamic multi-battle competitions," Journal of Public Economics, Elsevier, vol. 160(C), pages 82-95.

    Cited by:

    1. Letina, Igor & Liu, Shuo & Netzer, Nick, 2022. "Optimal Contest Design: Tuning the Heat," CEPR Discussion Papers 14854, Centre for Economic Policy Research.
    2. Zhonghong Kuang & Jingfeng Lu & Yiyao Zhu, 2026. "Dividing the Spoils: Strategic Prize Allocation in Team Contests," Papers 2605.25349, arXiv.org, revised Jul 2026.
    3. Barbieri, Stefano & Serena, Marco, 2024. "Winner's effort in multi-battle team contests," Games and Economic Behavior, Elsevier, vol. 145(C), pages 526-556.
    4. Siyuan Fan & Zhonghong Kuang & Jingfeng Lu, 2026. "Generalized Multidimensional Contests with Asymmetric Players: Equilibrium and Optimal Prize Design," Papers 2602.21564, arXiv.org, revised Mar 2026.
    5. Xiandeng Jiang, 2018. "Relative Performance Prizes and Dynamic Incentives in Best-of-N Contests," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 53(3), pages 563-590, November.
    6. Aner Sela, 2022. "Ineffective Prizes In Multi-Dimensional Contests," Working Papers 2205, Ben-Gurion University of the Negev, Department of Economics.
    7. Aner Sela, 2025. "Unsolicited prizes in contests," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 65(1), pages 187-210, August.
    8. Derek J. Clark & Tore Nilssen & Jan Yngve Sand, 2020. "Gaining advantage by winning contests," Review of Economic Design, Springer;Society for Economic Design, vol. 24(1), pages 23-38, June.
    9. Huang, Lingbo & Murad, Zahra, 2021. "Fighting alone versus fighting for a team: An experiment on multiple pairwise contests," Journal of Economic Behavior & Organization, Elsevier, vol. 183(C), pages 616-631.
    10. Haoming Liu & Jingfeng Lu & Alberto Salvo, 2023. "Willingness to fight on: Environmental quality in dynamic contests," RAND Journal of Economics, RAND Corporation, vol. 54(2), pages 189-239, June.
    11. Feng, Xin & Jiao, Qian & Kuang, Zhonghong & Lu, Jingfeng, 2024. "Optimal prize design in team contests with pairwise battles," Journal of Economic Theory, Elsevier, vol. 215(C).
    12. Lauber, Arne & March, Christoph & Sahm, Marco, 2022. "Optimal and fair prizing in sequential round-robin tournaments: Experimental evidence," BERG Working Paper Series 176, Bamberg University, Bamberg Economic Research Group.
    13. Aner Sela & Oz Tsahi, 2020. "On the optimal allocation of prizes in best-of-three all-pay auctions," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 55(2), pages 255-273, August.
    14. Lu, Jingfeng & Shen, Bo & Wang, Zhewei, 2024. "Performance bundling in multi-dimensional competitions," International Journal of Industrial Organization, Elsevier, vol. 95(C).
    15. Clark, Derek J. & Nilssen, Tore, 2020. "Creating balance in dynamic competitions," International Journal of Industrial Organization, Elsevier, vol. 69(C).
    16. Aner Sela, 2024. "Intermediate prizes in multi-dimensional contests," Theory and Decision, Springer, vol. 97(4), pages 721-743, December.
    17. Huang, Ying & Jiao, Qian & Shen, Bo & Sun, Xiang, 2023. "Conflicts in regular networks," Journal of Mathematical Economics, Elsevier, vol. 106(C).
    18. Alshech, Shahar & Sela, Aner, 2021. "The optimal allocation of prizes in two-stage contests," Economics Letters, Elsevier, vol. 203(C).
    19. Barbieri, Stefano & Serena, Marco, 2022. "Biasing dynamic contests between ex-ante symmetric players," Games and Economic Behavior, Elsevier, vol. 136(C), pages 1-30.

  24. Liu, Bin & Lu, Jingfeng & Wang, Ruqu & Zhang, Jun, 2018. "Optimal prize allocation in contests: The role of negative prizes," Journal of Economic Theory, Elsevier, vol. 175(C), pages 291-317.

    Cited by:

    1. Letina, Igor & Liu, Shuo & Netzer, Nick, 2022. "Optimal Contest Design: Tuning the Heat," CEPR Discussion Papers 14854, Centre for Economic Policy Research.
    2. Paul Pecorino, 2020. "Bridge burning and escape routes," Public Choice, Springer, vol. 184(3), pages 399-414, September.
    3. Name Correa, Alvaro J. & Yildirim, Huseyin, 2024. "Multiple prizes in tournaments with career concerns," Journal of Economic Theory, Elsevier, vol. 215(C).
    4. Fu, Qiang & Wang, Xiruo & Wu, Zenan, 2021. "Multi-prize contests with risk-averse players," Games and Economic Behavior, Elsevier, vol. 129(C), pages 513-535.
    5. Andrzej Baranski & Sumit Goel, 2024. "The effect of competition in contests: A unifying approach," Papers 2410.04970, arXiv.org, revised Feb 2025.
    6. Fupeng Sun & Yanwei Sun & Chiwei Yan & Li Jin, 2026. "Restricting entries to all-pay contests," International Journal of Game Theory, Springer;Game Theory Society, vol. 55(1), pages 1-46, June.
    7. Martin Grossmann, 2026. "Adjustment costs and fluctuations in competitions," Economica, London School of Economics and Political Science, vol. 93(369), pages 260-297, January.
    8. Aner Sela & Yizhaq Minchuk, 2024. "Carrots and sticks: collaboration of taxation and subsidies in contests," Working Papers 2407, Ben-Gurion University of the Negev, Department of Economics.
    9. Ginzburg, Boris, 2019. "A Simple Model of Competitive Testing," MPRA Paper 94605, University Library of Munich, Germany.
    10. Protopappas, Konstantinos & Rietzke, David, 2025. "Incentivizing variety in innovation contests with specialized suppliers," Games and Economic Behavior, Elsevier, vol. 153(C), pages 586-621.
    11. Goel, Sumit, 2025. "Optimal grading contests," Games and Economic Behavior, Elsevier, vol. 152(C), pages 133-149.
    12. Olszewski, Wojciech & Siegel, Ron, 2020. "Performance-maximizing large contests," Theoretical Economics, Econometric Society, vol. 15(1), January.
    13. Liu, Bin & Lu, Jingfeng, 2023. "Optimal orchestration of rewards and punishments in rank-order contests," Journal of Economic Theory, Elsevier, vol. 208(C).
    14. Boyarchenko, Svetlana, 2021. "Inefficiency of sponsored research," Journal of Mathematical Economics, Elsevier, vol. 95(C).
    15. Mengxi Zhang, 2023. "Optimal Contests with Incomplete Information and Convex Effort Costs," CRC TR 224 Discussion Paper Series crctr224_2023_156v2, University of Bonn and University of Mannheim, Germany.
    16. Feng, Xin & Jiao, Qian & Kuang, Zhonghong & Lu, Jingfeng, 2024. "Optimal prize design in team contests with pairwise battles," Journal of Economic Theory, Elsevier, vol. 215(C).
    17. Xiao, Jun, 2023. "Ability grouping in contests," Journal of Mathematical Economics, Elsevier, vol. 104(C).
    18. Liu, Bin & Lu, Jingfeng, 2019. "The optimal allocation of prizes in contests with costly entry," International Journal of Industrial Organization, Elsevier, vol. 66(C), pages 137-161.

  25. Gentry, Matthew & Li, Tong & Lu, Jingfeng, 2017. "Auctions with selective entry," Games and Economic Behavior, Elsevier, vol. 105(C), pages 104-111.
    See citations under working paper version above.
  26. Lu, Jingfeng & Shen, Bo & Wang, Zhewei, 2017. "Optimal contest design under reverse-lottery technology," Journal of Mathematical Economics, Elsevier, vol. 72(C), pages 25-35.

    Cited by:

    1. Jiao, Qian & Shen, Bo & Sun, Xiang, 2019. "Bipartite conflict networks with returns to scale technology," Journal of Economic Behavior & Organization, Elsevier, vol. 163(C), pages 516-531.
    2. Jingfeng Lu & Zhewei Wang, 2016. "Axiomatization of reverse nested lottery contests," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 47(4), pages 939-957, December.
    3. Huang, Ying & Jiao, Qian & Shen, Bo & Sun, Xiang, 2023. "Conflicts in regular networks," Journal of Mathematical Economics, Elsevier, vol. 106(C).

  27. Lu, Jingfeng & Parreiras, Sérgio O., 2017. "Monotone equilibrium of two-bidder all-pay auctions Redux," Games and Economic Behavior, Elsevier, vol. 104(C), pages 78-91.

    Cited by:

    1. Zheng, Charles Z., 2019. "Necessary and sufficient conditions for peace: Implementability versus security," Journal of Economic Theory, Elsevier, vol. 180(C), pages 135-166.
    2. Kline, Brendan, 2026. "Identification of incomplete information allocation-transfer games in monotone equilibrium," Journal of Econometrics, Elsevier, vol. 253(C).
    3. Cohen, Chen & Lagziel, David & Levi, Ofer & Sela, Aner, 2023. "The role of the second prize in all-pay auctions with two heterogeneous prizes," Journal of Mathematical Economics, Elsevier, vol. 105(C).
    4. Jingfeng Lu & Hongkun Ma & Zhe Wang, 2018. "Ranking Disclosure Policies In All‐Pay Auctions," Economic Inquiry, Western Economic Association International, vol. 56(3), pages 1464-1485, July.
    5. Zhuoqiong Chen, 2021. "All-pay auctions with private signals about opponents’ values," Review of Economic Design, Springer;Society for Economic Design, vol. 25(1), pages 33-64, June.
    6. Eliaz, Kfir & Wu, Qinggong, 2018. "A simple model of competition between teams," Journal of Economic Theory, Elsevier, vol. 176(C), pages 372-392.
    7. Prokopovych, Pavlo & Yannelis, Nicholas C., 2023. "On monotone pure-strategy Bayesian-Nash equilibria of a generalized contest," Games and Economic Behavior, Elsevier, vol. 140(C), pages 348-362.
    8. Kuang, Zhonghong & Zhao, Hangcheng & Zheng, Jie, 2024. "Ridge distributions and information design in simultaneous all-pay auction contests," Games and Economic Behavior, Elsevier, vol. 148(C), pages 218-243.
    9. Shanglyu Deng & Hanming Fang & Qiang Fu & Zenan Wu, 2023. "Information Favoritism and Scoring Bias in Contests," PIER Working Paper Archive 23-002, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    10. Chen, Zhuoqiong, 2025. "Know thy enemy: Information acquisition in contests," European Economic Review, Elsevier, vol. 177(C).
    11. Chi, Chang Koo & Murto, Pauli & Välimäki, Juuso, 2019. "All-pay auctions with affiliated binary signals," Journal of Economic Theory, Elsevier, vol. 179(C), pages 99-130.
    12. Chi, Chang Koo, 2018. "An analysis of the two-bidder all-pay auction with common values," Discussion Paper Series in Economics 17/2018, Norwegian School of Economics, Department of Economics.

  28. Liu, Xuyuan & Lu, Jingfeng, 2017. "Optimal prize-rationing strategy in all-pay contests with incomplete information," International Journal of Industrial Organization, Elsevier, vol. 50(C), pages 57-90.

    Cited by:

    1. Chen Cohen & David Lagziel & Ofer Levi & Aner Sela, 2020. "All-Pay Auctions With Heterogeneous Prizes And Partially Asymmetric Players," Working Papers 2010, Ben-Gurion University of the Negev, Department of Economics.
    2. Cohen, Chen & Lagziel, David & Levi, Ofer & Sela, Aner, 2023. "The role of the second prize in all-pay auctions with two heterogeneous prizes," Journal of Mathematical Economics, Elsevier, vol. 105(C).
    3. Vladimir Petkov, 2023. "Prize formation and sharing in multi-stage contests," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 75(1), pages 259-289, January.
    4. Aner Sela & Yizhaq Minchuk, 2024. "Carrots and sticks: collaboration of taxation and subsidies in contests," Working Papers 2407, Ben-Gurion University of the Negev, Department of Economics.
    5. L. Elisa Celis & Lingxiao Huang & Milind Sohoni & Nisheeth K. Vishnoi, 2025. "Strategic Costs of Perceived Bias in Fair Selection," Papers 2510.20606, arXiv.org, revised Mar 2026.
    6. Goel, Sumit, 2025. "Optimal grading contests," Games and Economic Behavior, Elsevier, vol. 152(C), pages 133-149.
    7. Subhasish M. Chowdhury & Patricia Esteve-Gonzalez & Anwesha Mukherjee, 2020. "Heterogeneity, Leveling the Playing Field, and Affirmative Action in Contests," Munich Papers in Political Economy 06, Munich School of Politics and Public Policy and the School of Management at the Technical University of Munich.
    8. Ksenia Shakhgildyan, 2025. "Nonparametric identification and estimation of all-pay auction and contest models," Review of Economic Design, Springer;Society for Economic Design, vol. 29(3), pages 545-583, September.
    9. Dahm, Matthias, 2018. "Semi-targeted all-pay auctions: A partial exclusion principle," International Journal of Industrial Organization, Elsevier, vol. 61(C), pages 256-282.
    10. Leppälä, Samuli, 2021. "A partially exclusive rent-seeking contest," Journal of Economic Behavior & Organization, Elsevier, vol. 187(C), pages 60-75.
    11. Wasser, Cédric & Zhang, Mengxi, 2023. "Differential treatment and the winner's effort in contests with incomplete information," Games and Economic Behavior, Elsevier, vol. 138(C), pages 90-111.

  29. Feng, Xin & Lu, Jingfeng, 2017. "Uniqueness of equilibrium in two-player asymmetric Tullock contests with intermediate discriminatory power," Economics Letters, Elsevier, vol. 159(C), pages 61-64.

    Cited by:

    1. Paul Pecorino, 2020. "Bridge burning and escape routes," Public Choice, Springer, vol. 184(3), pages 399-414, September.
    2. Fu, Qiang & Wang, Xiruo & Wu, Zenan, 2021. "Multi-prize contests with risk-averse players," Games and Economic Behavior, Elsevier, vol. 129(C), pages 513-535.
    3. Barbieri, Stefano & Serena, Marco, 2024. "Winner's effort in multi-battle team contests," Games and Economic Behavior, Elsevier, vol. 145(C), pages 526-556.
    4. Feng, Xin & Lu, Jingfeng, 2018. "How to split the pie: Optimal rewards in dynamic multi-battle competitions," Journal of Public Economics, Elsevier, vol. 160(C), pages 82-95.
    5. Fu, Qiang & Wu, Zenan & Zhu, Yuxuan, 2022. "On equilibrium existence in generalized multi-prize nested lottery contests," Journal of Economic Theory, Elsevier, vol. 200(C).
    6. Christian Ewerhart, 2021. "A typology of military conflict based on the Hirshleifer contest," ECON - Working Papers 400, Department of Economics - University of Zurich.
    7. Cardona, Daniel & Claveria-Mayol, Marc & Ponsatí, Clara, 2025. "Contests with endogenous claims: Conflict dissipation," Economics Letters, Elsevier, vol. 256(C).
    8. Jingfeng Lu & Zhewei Wang & Lixue Zhou, 2023. "Nested Tullock contests with nonmonotone prizes," International Journal of Game Theory, Springer;Game Theory Society, vol. 52(1), pages 303-332, March.
    9. Gao, Lei & Lu, Jingfeng & Wang, Zhewei, 2025. "Move orders in contests: Equilibria and winning chances," Games and Economic Behavior, Elsevier, vol. 150(C), pages 436-468.
    10. Laica, Christoph & Lauber, Arne & Sahm, Marco, 2021. "Sequential round-robin tournaments with multiple prizes," Games and Economic Behavior, Elsevier, vol. 129(C), pages 421-448.
    11. Fu, Qiang & Wu, Zenan & Zhu, Yuxuan, 2023. "On equilibrium uniqueness in generalized multi-prize nested lottery contests," Games and Economic Behavior, Elsevier, vol. 139(C), pages 180-199.
    12. Zhang, Ming & Wang, Guanghui & Xu, Jin & Qu, Cunquan, 2020. "Dynamic contest model with bounded rationality," Applied Mathematics and Computation, Elsevier, vol. 370(C).
    13. Ewerhart, Christian, 2025. "On the uniqueness of the mixed equilibrium in the Tullock contest," Economics Letters, Elsevier, vol. 247(C).
    14. Christian Ewerhart & Guang-Zhen Sun, 2018. "Equilibrium in the symmetric Hirshleifer contest: uniqueness and characterization," ECON - Working Papers 286, Department of Economics - University of Zurich.
    15. Barbieri, Stefano & Serena, Marco, 2022. "Biasing dynamic contests between ex-ante symmetric players," Games and Economic Behavior, Elsevier, vol. 136(C), pages 1-30.
    16. Craig A. Depken II & John M. Gandar & Dmitry A. Shapiro, 2022. "Set-level Strategic and Psychological Momentum in Best-of-three-set Professional Tennis Matches," Journal of Sports Economics, , vol. 23(5), pages 598-623, June.

  30. Feng, Xin & Lu, Jingfeng, 2016. "The optimal disclosure policy in contests with stochastic entry: A Bayesian persuasion perspective," Economics Letters, Elsevier, vol. 147(C), pages 103-107.

    Cited by:

    1. Gerardi, Dino & Grillo, Edoardo & Monzón, Ignacio, 2022. "The perils of friendly oversight," Journal of Economic Theory, Elsevier, vol. 204(C).
    2. Clark, Derek J. & Kundu, Tapas, 2021. "Competitive balance: Information disclosure and discrimination in an asymmetric contest," Journal of Economic Behavior & Organization, Elsevier, vol. 184(C), pages 178-198.
    3. Wang, Zhewei & Zhou, Lixue, 2022. "Information disclosure in sequential (and simultaneous) contests," Economics Letters, Elsevier, vol. 212(C).
    4. Chen, Bo, 2020. "Disclosure policies in research contests with stochastic entry," Economics Letters, Elsevier, vol. 191(C).
    5. Lian, Zeng & Xu, Shuo & Zheng, Jie, 2025. "Entrant-optimal learning in a contest game," Journal of Mathematical Economics, Elsevier, vol. 120(C).
    6. Chen, Zhuoqiong, 2021. "Optimal information exchange in contests," Journal of Mathematical Economics, Elsevier, vol. 96(C).
    7. Anastasia Antsygina & Mariya Teteryatnikova, 2023. "Optimal information disclosure in contests with stochastic prize valuations," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 75(3), pages 743-780, April.
    8. Jorge Lemus & Emil Temnyalov, 2024. "Diversification and information in contests," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 78(1), pages 263-294, August.
    9. Christian Ewerhart & Julia Lareida, 2018. "Voluntary disclosure in asymmetric contests," ECON - Working Papers 279, Department of Economics - University of Zurich, revised Jul 2023.
    10. Jiao, Qian & Ke, Changxia & Liu, Yang, 2022. "When to disclose the number of contestants: Theory and experimental evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 193(C), pages 146-160.
    11. Wei-Torng Juang & Guang-Zhen Sun & Kuo-Chih Yuan, 2020. "A model of parallel contests," International Journal of Game Theory, Springer;Game Theory Society, vol. 49(2), pages 651-672, June.
    12. Chen, Bo & Serena, Marco & Wang, Zijia, 2024. "Disclosure policies in all-pay auctions with affiliated values," Economic Modelling, Elsevier, vol. 141(C).
    13. Bo Chen & Marco Serena, 2020. "Bid Caps and Disclosure Policies," Working Papers tax-mpg-rps-2020-08, Max Planck Institute for Tax Law and Public Finance.
    14. Chen, Bo & Ma, Lijun & Zhu, Zhaobo & Zhou, Yu, 2020. "Disclosure policies in all-pay auctions with bid caps and stochastic entry," Economics Letters, Elsevier, vol. 186(C).
    15. Xiangyu Wang & Shulin Liu, 2023. "Disclosure policies in all‐pay auctions with bid caps and stochastic entry: The impact of risk aversion," Bulletin of Economic Research, Wiley Blackwell, vol. 75(4), pages 1181-1190, October.
    16. Oleg Muratov, 2025. "Mapping an information design game into an all-pay auction," Review of Economic Design, Springer;Society for Economic Design, vol. 29(3), pages 513-543, September.
    17. Stäbler, Jonathan, 2025. "Disclosure policy in contests with sabotage and group size uncertainty," European Economic Review, Elsevier, vol. 179(C).
    18. Raphaela Hennigs, 2019. "Conflict Prevention by Bayesian Persuasion," Working Papers tax-mpg-rps-2019-16_1, Max Planck Institute for Tax Law and Public Finance.
    19. Chen, Zhuoqiong, 2025. "Know thy enemy: Information acquisition in contests," European Economic Review, Elsevier, vol. 177(C).
    20. Chen, Bo & Serena, Marco, 2023. "Disclosure Policies in All-Pay Auctions with Bid Caps," Journal of Economic Behavior & Organization, Elsevier, vol. 209(C), pages 141-160.
    21. Bo Chen & Emilios Galariotis & Lijun Ma & Zijia Wang & Zhaobo Zhu, 2023. "On disclosure of participation in innovation contests: a dominance result," Annals of Operations Research, Springer, vol. 328(2), pages 1615-1629, September.

  31. Jingfeng Lu & Zhewei Wang, 2016. "Axiomatization of reverse nested lottery contests," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 47(4), pages 939-957, December.
    See citations under working paper version above.
  32. Qiang Fu & Jingfeng Lu & Jun Zhang, 2016. "Disclosure policy in Tullock contests with asymmetric stochastic entry," Canadian Journal of Economics, Canadian Economics Association, vol. 49(1), pages 52-75, February.

    Cited by:

    1. Alejandro Melo Ponce, 2018. "The Secret Behind The Tortoise and the Hare: Information Design in Contests," 2018 Papers pme809, Job Market Papers.
    2. Clark, Derek J. & Kundu, Tapas, 2021. "Competitive balance: Information disclosure and discrimination in an asymmetric contest," Journal of Economic Behavior & Organization, Elsevier, vol. 184(C), pages 178-198.
    3. Sumit Goel & Amit Goyal, 2023. "Optimal tie-breaking rules," Papers 2304.13866, arXiv.org, revised Aug 2023.
    4. Chen, Bo, 2020. "Disclosure policies in research contests with stochastic entry," Economics Letters, Elsevier, vol. 191(C).
    5. Chen, Zhuoqiong, 2021. "Optimal information exchange in contests," Journal of Mathematical Economics, Elsevier, vol. 96(C).
    6. Feng, Xin & Lu, Jingfeng, 2017. "Uniqueness of equilibrium in two-player asymmetric Tullock contests with intermediate discriminatory power," Economics Letters, Elsevier, vol. 159(C), pages 61-64.
    7. Jorge Lemus & Emil Temnyalov, 2024. "Diversification and information in contests," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 78(1), pages 263-294, August.
    8. Christian Ewerhart & Julia Lareida, 2018. "Voluntary disclosure in asymmetric contests," ECON - Working Papers 279, Department of Economics - University of Zurich, revised Jul 2023.
    9. Jiao, Qian & Ke, Changxia & Liu, Yang, 2022. "When to disclose the number of contestants: Theory and experimental evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 193(C), pages 146-160.
    10. Chen, Bo & Jiang, Xiandeng & Knyazev, Dmitriy, 2017. "On disclosure policies in all-pay auctions with stochastic entry," Journal of Mathematical Economics, Elsevier, vol. 70(C), pages 66-73.
    11. Luke Boosey & Philip Brookins & Dmitry Ryvkin, 2020. "Entry in group contests," Working Papers wp2020_02_01, Department of Economics, Florida State University.
    12. Drugov, Mikhail & Ryvkin, Dmitry, 2017. "Winner-Take-All Tournaments," CEPR Discussion Papers 12067, Centre for Economic Policy Research.
    13. Bo Chen & Marco Serena, 2020. "Bid Caps and Disclosure Policies," Working Papers tax-mpg-rps-2020-08, Max Planck Institute for Tax Law and Public Finance.
    14. Bo Chen & Emilios Galariotis & Lijun Ma & Zijia Wang & Zhaobo Zhu, 2023. "On disclosure of participation in innovation contests: a dominance result," Post-Print hal-04185528, HAL.
    15. Chen, Bo & Ma, Lijun & Zhu, Zhaobo & Zhou, Yu, 2020. "Disclosure policies in all-pay auctions with bid caps and stochastic entry," Economics Letters, Elsevier, vol. 186(C).
    16. Stäbler, Jonathan, 2025. "Disclosure policy in contests with sabotage and group size uncertainty," European Economic Review, Elsevier, vol. 179(C).
    17. Dmitry Ryvkin & Mikhail Drugov, 2017. "Tournaments," Working Papers wp2017_03_02, Department of Economics, Florida State University.
    18. Chen, Zhuoqiong, 2025. "Know thy enemy: Information acquisition in contests," European Economic Review, Elsevier, vol. 177(C).
    19. Chen, Bo & Serena, Marco, 2023. "Disclosure Policies in All-Pay Auctions with Bid Caps," Journal of Economic Behavior & Organization, Elsevier, vol. 209(C), pages 141-160.
    20. Bo Chen & Emilios Galariotis & Lijun Ma & Zijia Wang & Zhaobo Zhu, 2023. "On disclosure of participation in innovation contests: a dominance result," Annals of Operations Research, Springer, vol. 328(2), pages 1615-1629, September.

  33. Lu, Jingfeng & Wang, Zhewei, 2015. "Axiomatizing multi-prize nested lottery contests: A complete and strict ranking perspective," Journal of Economic Behavior & Organization, Elsevier, vol. 116(C), pages 127-141.
    See citations under working paper version above.
  34. Gentry, Matthew & Li, Tong & Lu, Jingfeng, 2015. "Existence of monotone equilibrium in first price auctions with private risk aversion and private initial wealth," Games and Economic Behavior, Elsevier, vol. 94(C), pages 214-221.
    See citations under working paper version above.
  35. Qiang Fu & Jingfeng Lu & Yue Pan, 2015. "Team Contests with Multiple Pairwise Battles," American Economic Review, American Economic Association, vol. 105(7), pages 2120-2140, July.

    Cited by:

    1. Zenou, Yves & Xu, Jin & Zhou, Junjie, 2019. "Networks in Conflict: A Variational Inequality Approach," CEPR Discussion Papers 13647, Centre for Economic Policy Research.
    2. Wei Ai & Yan Chen & Qiaozhu Mei & Jieping Ye & Lingyu Zhang, 2023. "Putting Teams into the Gig Economy: A Field Experiment at a Ride-Sharing Platform," Management Science, INFORMS, vol. 69(9), pages 5336-5353, September.
    3. Dong, Lu & Huang, Lingbo, 2019. "Is there no ‘I’ in team? Strategic effects in multi-battle team competition," Journal of Economic Psychology, Elsevier, vol. 75(PB).
    4. Dziubinski, M. & Goyal, S. & Minarsch, D. E. N., 2017. "The Strategy of Conquest," Cambridge Working Papers in Economics 1704, Faculty of Economics, University of Cambridge.
    5. Konishi, Hideo & Pan, Chen-Yu & Simeonov, Dimitar, 2022. "Equilibrium player choices in team contests with multiple pairwise battles," Games and Economic Behavior, Elsevier, vol. 132(C), pages 274-287.
    6. Christian Ewerhart & Federico Quartieri, 2020. "Unique equilibrium in contests with incomplete information," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 70(1), pages 243-271, July.
    7. Serhat Dogan & Emin Karagözoglu & Kerim Keskin & Cagri Saglam, 2020. "Bribing in Team Contests," CESifo Working Paper Series 8096, CESifo.
    8. Barbieri, Stefano & Serena, Marco, 2024. "Winner's effort in multi-battle team contests," Games and Economic Behavior, Elsevier, vol. 145(C), pages 526-556.
    9. Dominic Rohner, 2025. "Conflict," CESifo Working Paper Series 12035, CESifo.
    10. Siyuan Fan & Zhonghong Kuang & Jingfeng Lu, 2026. "Generalized Multidimensional Contests with Asymmetric Players: Equilibrium and Optimal Prize Design," Papers 2602.21564, arXiv.org, revised Mar 2026.
    11. Feng, Xin & Lu, Jingfeng, 2018. "How to split the pie: Optimal rewards in dynamic multi-battle competitions," Journal of Public Economics, Elsevier, vol. 160(C), pages 82-95.
    12. Iqbal, Hamzah & Krumer, Alex, 2017. "Discouragement Effect and Intermediate Prizes in Multi-Stage Contests: Evidence from Tennis’s Davis Cup," Economics Working Paper Series 1719, University of St. Gallen, School of Economics and Political Science.
    13. Bose, Gautam & Konrad, Kai A., 2020. "Devil take the hindmost: Deflecting attacks to other defenders," Reliability Engineering and System Safety, Elsevier, vol. 204(C).
    14. Descamps, Ambroise & Ke, Changxia & Page, Lionel, 2021. "How success breeds success," OSF Preprints kb5ag, Center for Open Science.
    15. Xiang Sun & Jin Xu & Junjie Zhou, 2023. "Effort Discrimination and Curvature of Contest Technology in Conflict Networks," Papers 2302.09861, arXiv.org, revised Oct 2023.
    16. Crutzen, Benoît S Y & Flamand, Sabine & Sahuguet, Nicolas, 2020. "A model of a team contest, with an application to incentives under list proportional representation," Journal of Public Economics, Elsevier, vol. 182(C).
    17. Kimbrough, Erik O. & Laughren, Kevin & Sheremeta, Roman, 2020. "War and conflict in economics: Theories, applications, and recent trends," Journal of Economic Behavior & Organization, Elsevier, vol. 178(C), pages 998-1013.
    18. Stefano Barbieri & Kai A. Konrad & David A. Malueg, 2020. "Preemption contests between groups," RAND Journal of Economics, RAND Corporation, vol. 51(3), pages 934-961, September.
    19. Häfner, Samuel, 2015. "A Tug of War Team Contest," Working papers 2015/04, Faculty of Business and Economics - University of Basel.
    20. Samuel Häfner, 2022. "Eternal peace in the tug-of-war?," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 74(4), pages 1057-1101, November.
    21. Hideo Konishi & Nicolas Sahuguet & Benoît S. Y. Crutzen, 2024. "Allocation rules of indivisible prizes in team contests," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 78(1), pages 69-100, August.
    22. Song, Jian & Houser, Daniel, 2021. "Non-exclusive group contests: An experimental analysis," Journal of Economic Psychology, Elsevier, vol. 87(C).
    23. Katsuya Kobayashi & Hideo Konishi & Kaoru Ueda, 2025. "Prize-allocation rules in generalized team contests," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 79(1), pages 151-179, February.
    24. Feng, Xin & Lu, Jingfeng, 2017. "Uniqueness of equilibrium in two-player asymmetric Tullock contests with intermediate discriminatory power," Economics Letters, Elsevier, vol. 159(C), pages 61-64.
    25. Anbarci, Nejat & Cingiz, Kutay & Ismail, Mehmet, 2018. "Multi-Battle n-Player Dynamic Contests," Research Memorandum 003, Maastricht University, Graduate School of Business and Economics (GSBE).
    26. Maria Arbatskaya & Hideo Konishi, 2025. "Dynamic team contests with complementary efforts," Review of Economic Design, Springer;Society for Economic Design, vol. 29(3), pages 611-633, September.
    27. Bo Chen & Shanlin Jin, 2023. "Elimination contests with collusive team players," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 25(1), pages 61-89, February.
    28. Peter‐J. Jost, 2024. "First home or first away? Optimal ordering in two‐legged ties," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 45(1), pages 54-69, January.
    29. Liqun Liu & Nicolas Treich, 2021. "Optimality of winner-take-all contests: the role of attitudes toward risk," Journal of Risk and Uncertainty, Springer, vol. 63(1), pages 1-25, August.
    30. Huang, Lingbo & Murad, Zahra, 2021. "Fighting alone versus fighting for a team: An experiment on multiple pairwise contests," Journal of Economic Behavior & Organization, Elsevier, vol. 183(C), pages 616-631.
    31. Casella, Alessandra & Laslier, Jean-François & Macé, Antonin, 2017. "Democracy for Polarized Committees: The Tale of Blotto's Lieutenants," Games and Economic Behavior, Elsevier, vol. 106(C), pages 239-259.
    32. Kai A. Konrad, 2026. "The strategic effect of weak team members in dynamic conflicts between teams," Working Papers tax-mpg-rps-2026-07, Max Planck Institute for Tax Law and Public Finance.
    33. Nejat Anbarc{i} & Kutay Cingiz & Mehmet S. Ismail, 2020. "Proportional resource allocation in dynamic n-player Blotto games," Papers 2010.05087, arXiv.org, revised Jul 2022.
    34. Eliaz, Kfir & Wu, Qinggong, 2018. "A simple model of competition between teams," Journal of Economic Theory, Elsevier, vol. 176(C), pages 372-392.
    35. Julia Müller & Thorsten Upmann, 2017. "Eigenvalue Productivity: Measurement of Individual Contributions in Teams," CESifo Working Paper Series 6679, CESifo.
    36. Cai, Yichuan, 2025. "Optimal matching in best-of-three team contests," Economics Letters, Elsevier, vol. 255(C).
    37. Fu, Qiang & Ke, Changxia & Tan, Fangfang, 2015. "“Success breeds success” or “Pride goes before a fall”?," Games and Economic Behavior, Elsevier, vol. 94(C), pages 57-79.
    38. Jean-Baptiste Vilain, 2018. "Three essays in applied economics [Trois essais en économie appliquée]," Sciences Po Economics Publications (main) tel-03419493, HAL.
    39. Ezra Einy & Diego Moreno & Aner Sela, 2020. "Continuity and robustness of Bayesian equilibria in Tullock contests," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 8(2), pages 333-345, October.
    40. Lu, Jingfeng & Lu, David, 2020. "Task arrangement in team competitions," Economics Letters, Elsevier, vol. 193(C).
    41. Chopra, Vasudha & Nguyen, Hieu M. & Vossler, Christian A., 2025. "Who are we up against? Heterogeneous group contests with incomplete information," Journal of Economic Behavior & Organization, Elsevier, vol. 236(C).
    42. Clark, Derek J. & Nilssen, Tore, 2018. "Keep on fighting: The dynamics of head starts in all-pay auctions," Games and Economic Behavior, Elsevier, vol. 110(C), pages 258-272.
    43. Spencer Bastani & Thomas Giebe & Oliver Gürtler, 2020. "A General Framework for Studying Contests," ECONtribute Discussion Papers Series 005, University of Bonn and University of Cologne, Germany.
    44. Ewerhart, Christian, 2017. "Contests with small noise and the robustness of the all-pay auction," Games and Economic Behavior, Elsevier, vol. 105(C), pages 195-211.
    45. Matthew T. Cole & James Lake & Ben Zissimos, 2020. "Contesting an international trade agreement," Discussion Papers 2020-22, University of Nottingham, GEP.
    46. Marco Serena, 2017. "Harnessing Beliefs to Stimulate Efforts; on the Optimal Disclosure Policy in Contests," Working Papers tax-mpg-rps-2018-11, Max Planck Institute for Tax Law and Public Finance.
    47. Julia Müller & Thorsten Upmann, 2022. "Eigenvalue productivity: Measurement of individual contributions in teams," PLOS ONE, Public Library of Science, vol. 17(9), pages 1-20, September.
    48. Shanglyu Deng & Qiang Fu & Junchi Li & Zenan Wu, 2026. "On Rent Dissipation in Dynamic Multi-battle Contests," Papers 2604.20192, arXiv.org.
    49. Chen Cohen & Ishay Rabi & Aner Sela, 2023. "Optimal seedings in interdependent contests," Annals of Operations Research, Springer, vol. 328(2), pages 1263-1285, September.
    50. Feng, Xin & Jiao, Qian & Kuang, Zhonghong & Lu, Jingfeng, 2024. "Optimal prize design in team contests with pairwise battles," Journal of Economic Theory, Elsevier, vol. 215(C).
    51. Iqbal, Hamzah & Krumer, Alex, 2019. "Discouragement effect and intermediate prizes in multi-stage contests: Evidence from Davis Cup," European Economic Review, Elsevier, vol. 118(C), pages 364-381.
    52. Stefano Barbieri, 2026. "Sequential team contests: alternating or specializing?," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 81(3), pages 807-834, May.
    53. Xu, Jin & Zenou, Yves & Zhou, Junjie, 2022. "Equilibrium characterization and shock propagation in conflict networks," Journal of Economic Theory, Elsevier, vol. 206(C).
    54. Daniel Rehsmann, 2023. "The Sumo coach problem," Review of Economic Design, Springer;Society for Economic Design, vol. 27(3), pages 669-700, September.
    55. Klumpp, Tilman & Konrad, Kai A. & Solomon, Adam, 2019. "The dynamics of majoritarian Blotto games," Games and Economic Behavior, Elsevier, vol. 117(C), pages 402-419.
    56. Aner Sela & Oz Tsahi, 2020. "On the optimal allocation of prizes in best-of-three all-pay auctions," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 55(2), pages 255-273, August.
    57. Lu, Jingfeng & Shen, Bo & Wang, Zhewei, 2024. "Performance bundling in multi-dimensional competitions," International Journal of Industrial Organization, Elsevier, vol. 95(C).
    58. Yixuan Shi, 2025. "Campaign Contests in Mixed Electoral Systems," Working Papers tax-mpg-rps-2025-08, Max Planck Institute for Tax Law and Public Finance.
    59. Samuel Häfner & Kai A. Konrad, 2016. "Eternal Peace in the Tug-of-War?," Working Papers tax-mpg-rps-2016-09, Max Planck Institute for Tax Law and Public Finance.
    60. Louis-Sidois, Charles, 2024. "Buying winners," Games and Economic Behavior, Elsevier, vol. 143(C), pages 1-11.
    61. Dario Maimone Ansaldo Patti & Pietro Navarra & Giuseppe Sobbrio, 2022. "Insecure Property Rights and Conflicts: How to Solve Them?," Mathematics, MDPI, vol. 11(1), pages 1-32, December.
    62. Konstantinos Protopappas, 2022. "Optimal lobbying pricing," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 59(1), pages 37-61, July.
    63. Christian Ewerhart & Julian Teichgräber, 2019. "Multi-battle contests, finite automata, and the tug-of-war," ECON - Working Papers 318, Department of Economics - University of Zurich.
    64. Emin Karagözoglu & Cagri Saglam & Agah R. Turan, 2020. "Tullock Brings Perseverance and Suspense to Tug-of-War," CESifo Working Paper Series 8103, CESifo.
    65. Sebastian Cortes-Corrales & Paul M. Gorny, 2025. "How strength asymmetries shape multi-sided conflicts," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 79(1), pages 235-274, February.
    66. Chapsal, Antoine & Vilain, Jean-Baptiste, 2019. "Individual contribution in team contests," Journal of Economic Psychology, Elsevier, vol. 75(PB).

  36. Qiang Fu & Qian Jiao & Jingfeng Lu, 2015. "Contests with endogenous entry," International Journal of Game Theory, Springer;Game Theory Society, vol. 44(2), pages 387-424, May.

    Cited by:

    1. Letina, Igor & Liu, Shuo & Netzer, Nick, 2022. "Optimal Contest Design: Tuning the Heat," CEPR Discussion Papers 14854, Centre for Economic Policy Research.
    2. Ginzburg, Boris, 2019. "Optimal Price of Entry into a Competition," MPRA Paper 96367, University Library of Munich, Germany.
    3. Jean-François Mercier, 2018. "Selecting contestants for a rent-seeking contest," International Journal of Game Theory, Springer;Game Theory Society, vol. 47(3), pages 927-947, September.
    4. Kaplan, Todd R & Wettstein, David, 2016. "Two-Stage Contests with Preferences over Style," MPRA Paper 73539, University Library of Munich, Germany.
    5. Whitmeyer, Mark, 2023. "Submission costs in risk-taking contests," Games and Economic Behavior, Elsevier, vol. 142(C), pages 101-112.
    6. Yizhaq Minchuk & Aner Sela, 2021. "Subsidy and Taxation in All-Pay Auctions under Incomplete," Working Papers 2104, Ben-Gurion University of the Negev, Department of Economics.
    7. Gu, Yiquan & Hehenkamp, Burkhard & Leininger, Wolfgang, 2017. "The Dark Side of the Force: Evolutionary Equilibrium in Contests with Stochastic Entry," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking 168168, Verein für Socialpolitik / German Economic Association.
    8. Leininger, Wolfgang, 2019. "Is it really overdissipation? A reassessment of evolutionarily stable behavior in contests," Ruhr Economic Papers 809, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    9. Jiao, Qian & Shen, Bo & Sun, Xiang, 2019. "Bipartite conflict networks with returns to scale technology," Journal of Economic Behavior & Organization, Elsevier, vol. 163(C), pages 516-531.
    10. Clark, Derek J. & Kundu, Tapas, 2026. "Endogenous entry and investment in an all-pay auction," Journal of Mathematical Economics, Elsevier, vol. 122(C).
    11. Minchuk, Yizhaq & Sela, Aner, 2023. "Subsidy and taxation in all-pay auctions under incomplete information," Games and Economic Behavior, Elsevier, vol. 140(C), pages 99-114.
    12. Aner Sela & Yizhaq Minchuk, 2024. "Carrots and sticks: collaboration of taxation and subsidies in contests," Working Papers 2407, Ben-Gurion University of the Negev, Department of Economics.
    13. Yiquan Gu & Burkhard Hehenkamp & Wolfgang Leininger, 2018. "Evolutionary Equilibrium in Contests with Stochastic Participation: Entry, Effort and Overdissipation," Working Papers 201810, University of Liverpool, Department of Economics.
    14. Häfner, Samuel & Nöldeke, Georg, 2016. "Sorting in Iterated Incumbency Contests," Working papers 2016/02, Faculty of Business and Economics - University of Basel.
    15. Drugov, Mikhail & Ryvkin, Dmitry, 2020. "How noise affects effort in tournaments," Journal of Economic Theory, Elsevier, vol. 188(C).
    16. Morgan, John & Tumlinson, Justin & Várdy, Felix, 2022. "The limits of meritocracy," Journal of Economic Theory, Elsevier, vol. 201(C).
    17. Jingfeng Lu & Zhewei Wang & Lixue Zhou, 2023. "Nested Tullock contests with nonmonotone prizes," International Journal of Game Theory, Springer;Game Theory Society, vol. 52(1), pages 303-332, March.
    18. Jiao, Qian & Ke, Changxia & Liu, Yang, 2022. "When to disclose the number of contestants: Theory and experimental evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 193(C), pages 146-160.
    19. Dong, Xiaoqi & Fu, Qiang & Serena, Marco & Wu, Zenan, 2025. "R&D contest design with resource allocation and entry fees," Journal of Economic Behavior & Organization, Elsevier, vol. 238(C).
    20. Shelegia, Sandro & Wilson, Chris M., 2022. "Costly participation and default allocations in all-pay contests," MPRA Paper 115027, University Library of Munich, Germany.
    21. Aycinena, Diego & Rentschler, Lucas, 2019. "Entry in contests with incomplete information: Theory and experiments," European Journal of Political Economy, Elsevier, vol. 60(C).
    22. Chen, Bo & Serena, Marco & Wang, Zijia, 2024. "Disclosure policies in all-pay auctions with affiliated values," Economic Modelling, Elsevier, vol. 141(C).
    23. Feng, Xin & Song, Shuangteng, 2025. "Information acquisition in all-pay contests," Economics Letters, Elsevier, vol. 256(C).
    24. Xin Feng, 2023. "Information disclosure in all-pay contests with costly entry," International Journal of Game Theory, Springer;Game Theory Society, vol. 52(2), pages 401-421, June.
    25. Jordan Adamson & Erik O. Kimbrough, 2018. "The Supply Side Determinants of Territory and Conflict," Working Papers 18-10, Chapman University, Economic Science Institute.
    26. Stäbler, Jonathan, 2025. "Disclosure policy in contests with sabotage and group size uncertainty," European Economic Review, Elsevier, vol. 179(C).
    27. John Duffy & Alexander Matros & Zehra Valencia, 2023. "Contests with entry fees: theory and evidence," Review of Economic Design, Springer;Society for Economic Design, vol. 27(4), pages 725-761, December.
    28. Huang, Ying & Jiao, Qian & Shen, Bo & Sun, Xiang, 2023. "Conflicts in regular networks," Journal of Mathematical Economics, Elsevier, vol. 106(C).
    29. Mark Whitmeyer, 2021. "Submission Fees in Risk-Taking Contests," Papers 2108.13506, arXiv.org.
    30. Jia, Hao & Sun, Ching-jen, 2021. "The optimal entry fee-prize ratio in Tullock contests," Journal of Mathematical Economics, Elsevier, vol. 96(C).

  37. Tong Li & Jingfeng Lu & Li Zhao, 2015. "Auctions with selective entry and risk averse bidders: theory and evidence," RAND Journal of Economics, RAND Corporation, vol. 46(3), pages 524-545, September.

    Cited by:

    1. Meng Zhang & Shulin Liu, 2022. "Effects of risk aversion in auctions without and with default," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(3), pages 731-737, April.
    2. Kline, Brendan, 2026. "Identification of incomplete information allocation-transfer games in monotone equilibrium," Journal of Econometrics, Elsevier, vol. 253(C).
    3. Nathalie Gimenes & Tonghui Qi & Sorawoot Srisuma, 2025. "Identification and Estimation of Seller Risk Aversion in Ascending Auctions," Papers 2509.19945, arXiv.org, revised Feb 2026.
    4. Yunmi Kong, 2020. "Not knowing the competition: evidence and implications for auction design," RAND Journal of Economics, RAND Corporation, vol. 51(3), pages 840-867, September.
    5. Robertson, Matthew J., 2025. "Procurement with competing insiders," Economics Letters, Elsevier, vol. 250(C).
    6. Marilyn Pease & Mark Whitmeyer, 2026. "On Risk Aversion in Auctions," Papers 2603.09683, arXiv.org.
    7. Wenzheng Gao & Daiqiang Zhang & Naibao Zhao, 2021. "Uncertainty In Procurement Contracting With Time Incentives," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 62(3), pages 1153-1197, August.
    8. Chernomaz Kirill & Yoshimoto Hisayuki, 2020. "How Accurately Do Structural Asymmetric First-Price Auction Estimates Represent True Valuations?," Journal of Econometric Methods, De Gruyter, vol. 9(1), pages 1-19, January.
    9. Xiaohong Chen & Matthew Gentry & Tong Li & Jingfeng Lu, 2020. "Identification and Inference in First-Price Auctions with Risk Averse Bidders and Selective Entry," Cowles Foundation Discussion Papers 2257, Cowles Foundation for Research in Economics, Yale University.
    10. Gentry, Matthew & Li, Tong & Lu, Jingfeng, 2015. "Existence of monotone equilibrium in first price auctions with private risk aversion and private initial wealth," Games and Economic Behavior, Elsevier, vol. 94(C), pages 214-221.
    11. Grundl, Serafin & Zhu, Yu, 2024. "Two results on auctions with endogenous entry," Economics Letters, Elsevier, vol. 234(C).
    12. Samuel Häfner, 2023. "Risk aversion in share auctions: Estimating import rents from TRQs in Switzerland," Quantitative Economics, Econometric Society, vol. 14(2), pages 419-470, May.
    13. Vasserman, Shoshana & Watt, Mitchell, 2021. "Risk aversion and auction design: Theoretical and empirical evidence," International Journal of Industrial Organization, Elsevier, vol. 79(C).
    14. Lim, Wooyoung & Xiong, Siyang, 2021. "Does jump bidding increase sellers’ revenue? Theory and experiment," Journal of Economic Behavior & Organization, Elsevier, vol. 189(C), pages 84-110.

  38. Fu, Qiang & Lu, Jingfeng & Wang, Zhewei, 2014. "“Reverse” nested lottery contests," Journal of Mathematical Economics, Elsevier, vol. 50(C), pages 128-140.
    See citations under working paper version above.
  39. Liu, Xuyuan & Lu, Jingfeng, 2014. "The effort-maximizing contest with heterogeneous prizes," Economics Letters, Elsevier, vol. 125(3), pages 422-425.

    Cited by:

    1. Andrzej Baranski & Sumit Goel, 2024. "The effect of competition in contests: A unifying approach," Papers 2410.04970, arXiv.org, revised Feb 2025.
    2. Fupeng Sun & Yanwei Sun & Chiwei Yan & Li Jin, 2026. "Restricting entries to all-pay contests," International Journal of Game Theory, Springer;Game Theory Society, vol. 55(1), pages 1-46, June.
    3. Sumit Goel, 2022. "Optimal grading contests," Papers 2205.05207, arXiv.org, revised Nov 2024.
    4. Liu, Xuyuan & Lu, Jingfeng, 2017. "Optimal prize-rationing strategy in all-pay contests with incomplete information," International Journal of Industrial Organization, Elsevier, vol. 50(C), pages 57-90.

  40. Fu, Qiang & Jiao, Qian & Lu, Jingfeng, 2014. "Disclosure policy in a multi-prize all-pay auction with stochastic abilities," Economics Letters, Elsevier, vol. 125(3), pages 376-380.

    Cited by:

    1. Kaplan, Todd R & Wettstein, David, 2016. "Two-Stage Contests with Preferences over Style," MPRA Paper 73539, University Library of Munich, Germany.
    2. Ford, Weixing & Lian, Zeng & Lien, Jaimie W. & Zheng, Jie, 2020. "Information sharing in a contest game with group identity," Economics Letters, Elsevier, vol. 189(C).
    3. Chen, Bo, 2020. "Disclosure policies in research contests with stochastic entry," Economics Letters, Elsevier, vol. 191(C).
    4. Jingfeng Lu & Hongkun Ma & Zhe Wang, 2018. "Ranking Disclosure Policies In All‐Pay Auctions," Economic Inquiry, Western Economic Association International, vol. 56(3), pages 1464-1485, July.
    5. Chen, Zhuoqiong, 2021. "Optimal information exchange in contests," Journal of Mathematical Economics, Elsevier, vol. 96(C).
    6. Zhuoqiong Chen, 2021. "All-pay auctions with private signals about opponents’ values," Review of Economic Design, Springer;Society for Economic Design, vol. 25(1), pages 33-64, June.
    7. Feng, Xin, 2020. "Information disclosure on the contest mechanism," Journal of Mathematical Economics, Elsevier, vol. 91(C), pages 148-156.
    8. Lu, Jingfeng & Ma, Hongkun & Wang, Zhewei, 2023. "Information sharing decisions in all-pay auctions with correlated types," Journal of Mathematical Economics, Elsevier, vol. 107(C).
    9. Luke Boosey & Philip Brookins & Dmitry Ryvkin, 2025. "Entry and disclosure in group contests," Papers 2503.20092, arXiv.org, revised Jun 2026.
    10. Christian Ewerhart & Julia Lareida, 2018. "Voluntary disclosure in asymmetric contests," ECON - Working Papers 279, Department of Economics - University of Zurich, revised Jul 2023.
    11. Chen, Bo & Serena, Marco & Wang, Zijia, 2024. "Disclosure policies in all-pay auctions with affiliated values," Economic Modelling, Elsevier, vol. 141(C).
    12. Chen, Bo & Jiang, Xiandeng & Knyazev, Dmitriy, 2017. "On disclosure policies in all-pay auctions with stochastic entry," Journal of Mathematical Economics, Elsevier, vol. 70(C), pages 66-73.
    13. Luke Boosey & Philip Brookins & Dmitry Ryvkin, 2020. "Entry in group contests," Working Papers wp2020_02_01, Department of Economics, Florida State University.
    14. Xin Feng, 2023. "Information disclosure in all-pay contests with costly entry," International Journal of Game Theory, Springer;Game Theory Society, vol. 52(2), pages 401-421, June.
    15. Marco Serena, 2017. "Harnessing Beliefs to Stimulate Efforts; on the Optimal Disclosure Policy in Contests," Working Papers tax-mpg-rps-2018-11, Max Planck Institute for Tax Law and Public Finance.
    16. Shanglyu Deng & Hanming Fang & Qiang Fu & Zenan Wu, 2020. "Confidence Management in Tournaments," NBER Working Papers 27186, National Bureau of Economic Research, Inc.
    17. Feng, Xin, 2024. "Ambiguous persuasion in contests," Journal of Economic Behavior & Organization, Elsevier, vol. 220(C), pages 182-201.
    18. Subhasish M. Chowdhury & Patricia Esteve-Gonzalez & Anwesha Mukherjee, 2020. "Heterogeneity, Leveling the Playing Field, and Affirmative Action in Contests," Munich Papers in Political Economy 06, Munich School of Politics and Public Policy and the School of Management at the Technical University of Munich.
    19. Chen, Bo & Chen, Bo, 2024. "Optimal disclosure in all-pay auctions with interdependent valuations," Games and Economic Behavior, Elsevier, vol. 143(C), pages 204-222.
    20. Chen, Bo & Ma, Lijun & Zhu, Zhaobo & Zhou, Yu, 2020. "Disclosure policies in all-pay auctions with bid caps and stochastic entry," Economics Letters, Elsevier, vol. 186(C).
    21. Marco Serena, 2022. "Harnessing beliefs to optimally disclose contestants’ types," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 74(3), pages 763-792, October.
    22. Chen, Zhuoqiong, 2025. "Know thy enemy: Information acquisition in contests," European Economic Review, Elsevier, vol. 177(C).
    23. Chen, Bo & Serena, Marco, 2023. "Disclosure Policies in All-Pay Auctions with Bid Caps," Journal of Economic Behavior & Organization, Elsevier, vol. 209(C), pages 141-160.
    24. Robertson, Matthew J., 2024. "Sequential elimination in multi-stage all-pay auctions," Economics Letters, Elsevier, vol. 241(C).

  41. Fu, Qiang & Lu, Jingfeng, 2013. "Competitive effect of cross-shareholdings in all-pay auctions with complete information," International Journal of Industrial Organization, Elsevier, vol. 31(3), pages 267-277.

    Cited by:

    1. Ben Chen & José A. Rodrigues-Neto, 2023. "The interaction of emotions and cost-shifting rules in civil litigation," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 75(3), pages 841-885, April.
    2. Li, Youping & Zhang, Jianhu, 2021. "Product positioning with overlapping ownership," Economics Letters, Elsevier, vol. 208(C).
    3. Mathisen, Terje Andreas, 2016. "Competitive tendering and cross-shareholding in public passenger transport," Transport Policy, Elsevier, vol. 48(C), pages 45-48.
    4. Dahm, Matthias, 2018. "Semi-targeted all-pay auctions: A partial exclusion principle," International Journal of Industrial Organization, Elsevier, vol. 61(C), pages 256-282.

  42. Lu, Jingfeng & Ye, Lixin, 2013. "Efficient and optimal mechanisms with private information acquisition costs," Journal of Economic Theory, Elsevier, vol. 148(1), pages 393-408.

    Cited by:

    1. Vivek Bhattacharya & James W. Roberts & Andrew Sweeting, 2013. "Regulating Bidder Participation in Auctions," NBER Working Papers 19352, National Bureau of Economic Research, Inc.
    2. Shin, Dongsoo & Yun, Sungho, 2023. "Information acquisition and countervailing incentives," Journal of Mathematical Economics, Elsevier, vol. 107(C).
    3. Xin Feng & Jingfeng Lu, 2026. "Selling to a continuum of buyers with private values and entry costs," Economic Inquiry, Western Economic Association International, vol. 64(3), pages 895-915, July.
    4. Xin Feng & Jingfeng Lu & Yeneng Sun, 2020. "Ex Ante Efficient Mechanism With Private Entry Costs," Economic Inquiry, Western Economic Association International, vol. 58(3), pages 1531-1541, July.
    5. Robert Marquez & Rajdeep Singh, 2024. "Selling Assets: Are Sellers Better Off with Strong Buyers?," Management Science, INFORMS, vol. 70(9), pages 5731-5752, September.
    6. Xiaogang Che & Tilman Klumpp, 2023. "Auctions versus sequential mechanisms when resale is allowed," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 75(4), pages 1207-1245, May.
    7. Chen, Jiafeng & Kominers, Scott Duke, 2021. "Auctioneers sometimes prefer entry fees to extra bidders," International Journal of Industrial Organization, Elsevier, vol. 79(C).
    8. Sweeting, Andrew & Bhattacharya, Vivek, 2015. "Selective entry and auction design," International Journal of Industrial Organization, Elsevier, vol. 43(C), pages 189-207.
    9. Xu, Xiaoshu & Levin, Dan & Ye, Lixin, 2013. "Auctions with entry and resale," Games and Economic Behavior, Elsevier, vol. 79(C), pages 92-105.
    10. Cristián Hernández & Daniel Quint & Christopher Turansick, 2020. "Estimation in English auctions with unobserved heterogeneity," RAND Journal of Economics, RAND Corporation, vol. 51(3), pages 868-904, September.
    11. Kirkegaard, René, 2022. "Efficiency in asymmetric auctions with endogenous reserve prices," Games and Economic Behavior, Elsevier, vol. 132(C), pages 234-239.
    12. Agastya, Murali & Feng, Xin & Lu, Jingfeng, 2023. "Auction design with shortlisting when value discovery is covert," Journal of Mathematical Economics, Elsevier, vol. 107(C).

  43. Qiang Fu & Jingfeng Lu, 2012. "The optimal multi-stage contest," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 51(2), pages 351-382, October.
    See citations under working paper version above.
  44. Lu, Jingfeng, 2012. "Optimal auctions with asymmetric financial externalities," Games and Economic Behavior, Elsevier, vol. 74(2), pages 561-575.

    Cited by:

    1. Paul Madden & Mario Pezzino, 2013. "Sports League Quality, Broadcaster TV Rights Bids and Wholesale Regulation of Sports Channels," Economics Discussion Paper Series 1304, Economics, The University of Manchester.
    2. Wasser, Cédric, 2013. "Bilateral k+1-price auctions with asymmetric shares and values," Games and Economic Behavior, Elsevier, vol. 82(C), pages 350-368.
    3. Janssen, Maarten & Karamychev, Vladimir, 2016. "Spiteful bidding and gaming in combinatorial clock auctions," Games and Economic Behavior, Elsevier, vol. 100(C), pages 186-207.
    4. Björn Bartling & Tobias Gesche & Nick Netzer, 2016. "Does the absence of human sellers bias bidding behavior in auction experiments?," ECON - Working Papers 225, Department of Economics - University of Zurich.
    5. Björn Bartling & Nick Netzer, 2014. "An Externality-Robust Auction: Theory and Experimental Evidence," CESifo Working Paper Series 4771, CESifo.
    6. Tan, Charmaine H.Y., 2020. "Overbidding and matching rules in second-price auctions: An experimental study," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 84(C).
    7. Gino Loyola, 2021. "Optimal selling mechanisms with crossholdings," Review of Economic Design, Springer;Society for Economic Design, vol. 25(1), pages 1-32, June.
    8. Dodonova, Anna & Khoroshilov, Yuri, 2014. "Can preemptive bidding in takeover auctions be socially optimal? Yes it can," The North American Journal of Economics and Finance, Elsevier, vol. 27(C), pages 34-47.
    9. Janssen, Maarten & Karamychev, Vladimir, 2017. "Raising rivals’ cost in multi-unit auctions," International Journal of Industrial Organization, Elsevier, vol. 50(C), pages 473-490.
    10. Maarten Janssen & Vladimir Karamychev, 2013. "Gaming in Combinatorial Clock Auctions," Tinbergen Institute Discussion Papers 13-027/VII, Tinbergen Institute, revised 16 Dec 2013.
    11. Daske, Thomas, 2017. "Externality Assessments, Welfare Judgments, and Mechanism Design," EconStor Preprints 172494, ZBW - Leibniz Information Centre for Economics.

  45. Qiang Fu & Jingfeng Lu, 2012. "Micro foundations of multi-prize lottery contests: a perspective of noisy performance ranking," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 38(3), pages 497-517, March.

    Cited by:

    1. Benoit S Y Crutzen & Nicolas Sahuguet, 2022. "Comparative Politics with Intraparty Candidate Selection," Tinbergen Institute Discussion Papers 22-073/VII, Tinbergen Institute.
    2. Andonie, Costel & Kuzmics, Christoph & Rogers, Brian W., 2016. "Efficiency based measures of inequality," Center for Mathematical Economics Working Papers 512, Center for Mathematical Economics, Bielefeld University.
    3. Yohan Pelosse, 2014. "Dynamic Difference-Form Contests," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 16(3), pages 401-426, June.
    4. Qiang Fu & Qian Jiao & Jingfeng Lu, 2015. "Contests with endogenous entry," International Journal of Game Theory, Springer;Game Theory Society, vol. 44(2), pages 387-424, May.
    5. Drugov, Mikhail & Ryvkin, Dmitry, 2020. "How noise affects effort in tournaments," CEPR Discussion Papers 14457, Centre for Economic Policy Research.
    6. Azrieli, Yaron & Chambers, Christopher P., 2026. "Success functions in large contests," Games and Economic Behavior, Elsevier, vol. 157(C), pages 253-262.
    7. Oliver Fabel & Sandra Mauser & Yingchao Zhang, 2024. "Performance contests and merit pay with empathic employees," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 45(1), pages 353-372, January.
    8. Roman M. Sheremeta & Subhasish M. Chowdhury, 2014. "Strategically Equivalent Contests," Working Papers 14-06, Chapman University, Economic Science Institute.
    9. Deng, Shanglyu & Fu, Qiang & Wu, Zenan, 2021. "Optimally biased Tullock contests," Journal of Mathematical Economics, Elsevier, vol. 92(C), pages 10-21.
    10. Thomas Giebe & Paul Schweinzer, 2015. "Probabilistic procurement auctions," Review of Economic Design, Springer;Society for Economic Design, vol. 19(1), pages 25-46, March.
    11. Bing Xu & Maxwell Pak, 2021. "Child-raising cost and fertility from a contest perspective," Public Choice, Springer, vol. 186(1), pages 9-28, January.
    12. Mikhail Drugov & Dmitry Ryvkin, 2018. "Tournament Rewards and Heavy Tails," Working Papers w0250, Center for Economic and Financial Research (CEFIR).
    13. Fu, Qiang & Wang, Xiruo & Wu, Zenan, 2021. "Multi-prize contests with risk-averse players," Games and Economic Behavior, Elsevier, vol. 129(C), pages 513-535.
    14. Feng, Xin & Lu, Jingfeng, 2018. "How to split the pie: Optimal rewards in dynamic multi-battle competitions," Journal of Public Economics, Elsevier, vol. 160(C), pages 82-95.
    15. Fernanda Estevan & Thomas Gall, Louis-Philippe Morin, 2016. "Redistribution without distortion: Evidence from an affirmative action program at a large Brazilian university," Working Papers, Department of Economics 2016_07, University of São Paulo (FEA-USP), revised 14 Apr 2016.
    16. Jianpei Li & Paul Schweinzer, 2013. "Efficiency in strategic form games: A little trust can go a long way," Discussion Papers 13/19, Department of Economics, University of York.
    17. Fu, Qiang & Wu, Zenan & Zhu, Yuxuan, 2022. "On equilibrium existence in generalized multi-prize nested lottery contests," Journal of Economic Theory, Elsevier, vol. 200(C).
    18. Alastair Langtry, 2022. "Inside the West Wing: Lobbying as a contest," Papers 2207.00800, arXiv.org, revised Jan 2024.
    19. Crutzen, Benoît S Y & Flamand, Sabine & Sahuguet, Nicolas, 2020. "A model of a team contest, with an application to incentives under list proportional representation," Journal of Public Economics, Elsevier, vol. 182(C).
    20. Cason, Timothy N. & Masters, William A. & Sheremeta, Roman M., 2020. "Winner-take-all and proportional-prize contests: Theory and experimental results," Journal of Economic Behavior & Organization, Elsevier, vol. 175(C), pages 314-327.
    21. Alberto Vesperoni & Anıl Yıldızparlak, 2019. "Inequality and conflict outbreak," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 53(1), pages 135-173, June.
    22. Christian Ewerhart & Marco Serena, 2023. "On the (im-)possibility of representing probability distributions as a difference of i.i.d. noise terms," ECON - Working Papers 428, Department of Economics - University of Zurich, revised Oct 2023.
    23. Giebe, Thomas, 2014. "Innovation contests with entry auction," Journal of Mathematical Economics, Elsevier, vol. 55(C), pages 165-176.
    24. Morgan, John & Tumlinson, Justin & Várdy, Felix, 2022. "The limits of meritocracy," Journal of Economic Theory, Elsevier, vol. 201(C).
    25. Haoming Liu & Jingfeng Lu & Yohanes E. Riyanto & Zhe Wang, 2024. "Contests with multiplicative sabotage effect," Theory and Decision, Springer, vol. 97(3), pages 499-526, November.
    26. Cubel, María & Sanchez-Pages, Santiago, 2016. "An axiomatization of difference-form contest success functions," Journal of Economic Behavior & Organization, Elsevier, vol. 131(PA), pages 92-105.
    27. Giebe, Thomas & Gürtler, Oliver, 2024. "Player strength and effort in contests," Working Papers in Economics and Statistics 4/2024, Linnaeus University, School of Business and Economics, Department of Economics and Statistics.
    28. Topolyan, Iryna, 2017. "Price competition when three are few and four are many," International Journal of Industrial Organization, Elsevier, vol. 54(C), pages 175-191.
    29. Giebe, Thomas & Schweinzer, Paul, 2014. "Consuming your way to efficiency: Public goods provision through non-distortionary tax lotteries," European Journal of Political Economy, Elsevier, vol. 36(C), pages 1-12.
    30. Hoppe-Wewetzer, Heidrun & Wagener, Andreas, 2019. "Multiple prizes in research tournaments," Economics Letters, Elsevier, vol. 175(C), pages 118-120.
    31. Gao, Rui & Lu, Jingfeng & Wang, Zhewei & Zhou, Lixue, 2025. "Design tools for all-pay contests: Aligning incentives and balancing the playing field," Journal of Mathematical Economics, Elsevier, vol. 121(C).
    32. Bozbay, Irem & Vesperoni, Alberto, 2018. "A contest success function for networks," Journal of Economic Behavior & Organization, Elsevier, vol. 150(C), pages 404-422.
    33. Spencer Bastani & Thomas Giebe & Oliver Gürtler, 2020. "A General Framework for Studying Contests," ECONtribute Discussion Papers Series 005, University of Bonn and University of Cologne, Germany.
    34. Dennis Epple & Richard Romano & Holger Sieg, 2025. "A sharp characterization of equilibria in a tournament with performance and distinction standards," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 13(1), pages 125-143, April.
    35. Philipp Denter & John Morgan & Dana (D.) Sisak, 2018. "Showing Off or Laying Low? The Economics of Psych-outs," Tinbergen Institute Discussion Papers 18-041/VII, Tinbergen Institute.
    36. Olivier Bos & Béatrice Roussillon & Paul Schweinzer, 2013. "Agreeing on Efficient Emissions Reduction," CESifo Working Paper Series 4345, CESifo.
    37. Lu, Jingfeng & Wang, Zhewei & Zhou, Lixue, 2022. "Optimal favoritism in contests with identity-contingent prizes," Journal of Economic Behavior & Organization, Elsevier, vol. 196(C), pages 40-50.
    38. Aner Sela, 2022. "Status Classification By Lottery Contests," Working Papers 2206, Ben-Gurion University of the Negev, Department of Economics.
    39. Mihailo Radoman, 2017. "Labor Market Implications of Institutional Changes in European Football," Journal of Sports Economics, , vol. 18(7), pages 651-672, October.
    40. Lu, Jingfeng & Lu, Yuanzhu & Wang, Zhewei & Zhou, Lixue, 2022. "Winner-leave versus loser-leave in multi-stage nested Tullock contests," Games and Economic Behavior, Elsevier, vol. 132(C), pages 337-352.
    41. Thomas Giebe & Paul Schweinzer, 2012. "Fuzzy Price-Quality Ratio Procurement under Incomplete Information," Discussion Papers 12/26, Department of Economics, University of York.
    42. Mikhail Drugov & Dmitry Ryvkin & Jun Zhang, 2022. "Tournaments with reserve performance," Working Papers wp2022_03_01, Department of Economics, Florida State University.
    43. Leppälä, Samuli, 2021. "A partially exclusive rent-seeking contest," Journal of Economic Behavior & Organization, Elsevier, vol. 187(C), pages 60-75.
    44. Fu, Qiang & Wu, Zenan & Zhu, Yuxuan, 2023. "On equilibrium uniqueness in generalized multi-prize nested lottery contests," Games and Economic Behavior, Elsevier, vol. 139(C), pages 180-199.
    45. Malin Arve & Olga Chiappinelli, 2021. "The Role of Budget Constraints in Sequential Elimination Tournaments," Scandinavian Journal of Economics, Wiley Blackwell, vol. 123(4), pages 1059-1087, October.
    46. Christian Ewerhart, 2015. "Contests with small noise and the robustness of the all-pay auction," ECON - Working Papers 186, Department of Economics - University of Zurich, revised Jun 2017.
    47. Mikhail Drugov & Dmitry Ryvkin & Jun Zhang, 2024. "Tournaments with a Standard," Papers 2412.01139, arXiv.org.
    48. Lu, Jingfeng & Wang, Zhewei, 2015. "Axiomatizing multi-prize nested lottery contests: A complete and strict ranking perspective," Journal of Economic Behavior & Organization, Elsevier, vol. 116(C), pages 127-141.
    49. Daniel Cardona & Jenny De Freitas & Antoni Rubí‐Barceló, 2022. "Lobbying policy makers: Share versus lottery contests," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 24(4), pages 709-732, August.
    50. Giebe, Thomas & Gürtler, Oliver, 2026. "When is a contest "additive"? A characterization of strategic equivalence," Working Papers in Economics and Statistics 3/2026, Linnaeus University, School of Business and Economics, Department of Economics and Statistics.
    51. Drugov, Mikhail & Ryvkin, Dmitry, 2017. "Optimal Tournaments," CEPR Discussion Papers 12368, Centre for Economic Policy Research.
    52. Bettina Klose & Paul Schweinzer, 2022. "Auctioning risk: the all-pay auction under mean-variance preferences," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 73(4), pages 881-916, June.

  46. Fu, Qiang & Lu, Jingfeng & Lu, Yuanzhu, 2012. "Incentivizing R&D: Prize or subsidies?," International Journal of Industrial Organization, Elsevier, vol. 30(1), pages 67-79.

    Cited by:

    1. Popa Ion & Lavric Victor, 2013. "Highly Important Objectives For Innovation In Romania Within The European Context," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 1588-1594, July.
    2. Batabyal, Amitrajeet & Beladi, Hamid, 2022. "City and Regional Demand for Vaccines Whose Supply Arises from Competition in a Bertrand Duopoly," MPRA Paper 113758, University Library of Munich, Germany, revised 28 Jun 2022.
    3. Deng, Shanglyu & Fu, Qiang & Wu, Zenan, 2021. "Optimally biased Tullock contests," Journal of Mathematical Economics, Elsevier, vol. 92(C), pages 10-21.
    4. David Perez Castrillo & David Wettstein, 2014. "Discrimination in a new model of contests with two-sided asymmetric information," Working Papers 1407, Ben-Gurion University of the Negev, Department of Economics.
    5. Busom, Isabel & Corchuelo, Beatriz & Martinez Ros, Ester, 2012. "Tax incentives or subsidies for R&D?," MERIT Working Papers 2012-056, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    6. David Pérez‐Castrillo & David Wettstein, 2016. "Discrimination In A Model Of Contests With Incomplete Information About Ability," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 57(3), pages 881-914, August.
    7. Choi, Joonhwan & Lee, Jaegul, 2017. "Repairing the R&D market failure: Public R&D subsidy and the composition of private R&D," Research Policy, Elsevier, vol. 46(8), pages 1465-1478.
    8. Julia Blasch & Nina Boogen & Nilkanth Kumar & Massimo Filippini, 2017. "The role of energy and investment literacy for residential electricity demand and end-use efficiency," CER-ETH Economics working paper series 17/269, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    9. Gersbach, Hans & Riekhof, Marie-Catherine, 2019. "Technology Treaties and Climate Change," CEPR Discussion Papers 14033, Centre for Economic Policy Research.
    10. Madduma Kaluge Chamitha Sanjani Wijewickrama & Nicholas Chileshe & Raufdeen Rameezdeen & Jose Jorge Ochoa, 2021. "Minimizing Macro-Level Uncertainties for Quality Assurance in Reverse Logistics Supply Chains of Demolition Waste," Sustainability, MDPI, vol. 13(23), pages 1-35, November.
    11. David Michael Rietzke & Yu Chen, 2016. "Push or pull? Performance pay, incentives, and information," Working Papers 127987900, Lancaster University Management School, Economics Department.
    12. Giebe, Thomas, 2014. "Innovation contests with entry auction," Journal of Mathematical Economics, Elsevier, vol. 55(C), pages 165-176.
    13. Isabel Busom & Beatriz Corchuelo & Ester Martinez Ros, 2012. "Tax incentives and direct support for R&D: What do firms use and why?," Working Papers wpdea1212, Department of Applied Economics at Universitat Autonoma of Barcelona.
    14. POPA Ion & LAVRIC Victor, 2013. "Managerial Methods Stimulating New Ideas Or Creativity In Romania Wihin The European Context," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 65(6), pages 128-138.
    15. Dong, Xiaoqi & Fu, Qiang & Serena, Marco & Wu, Zenan, 2025. "R&D contest design with resource allocation and entry fees," Journal of Economic Behavior & Organization, Elsevier, vol. 238(C).
    16. Hassine, Haithem Ben & Mathieu, Claude, 2020. "R&D crowding out or R&D leverage effects: An evaluation of the french cluster-oriented technology policy," Technological Forecasting and Social Change, Elsevier, vol. 155(C).
    17. David Rietzke, 2015. "Push or pull? Grants, prizes and information," Working Papers 82851479, Lancaster University Management School, Economics Department.
    18. Li, Yunjian & Chen, Jiawen & Li, Li & Huang, Xiaojun, 2024. "Government innovation awards, innovation funds acquisition and enterprise innovation," Economic Analysis and Policy, Elsevier, vol. 82(C), pages 846-864.
    19. Konrad, Kai A., 2024. "China’s public international investment: A strategic-trade-policy perspective," Economic Modelling, Elsevier, vol. 139(C).
    20. Meng Wei Chen & Yu Chen & Zhen-Hua Wu & Ningru Zhao, 2018. "Government Intervention, Innovation, and Entrepreneurship," Graz Economics Papers 2018-15, University of Graz, Department of Economics.
    21. David Pérez-Castrillo & David Wettstein, 2014. "Innovation Contests," CESifo Working Paper Series 4712, CESifo.
    22. Ruchir Agarwal & Patrick Gaulé, 2018. "Invisible Geniuses: Could the Knowledge Frontier Advance Faster?," IMF Working Papers 2018/268, International Monetary Fund.
    23. Kai A. Konrad, 2023. "The Geoeconomics of Trade Infrastructure and the Innovation Competition between China and the US," Working Papers tax-mpg-rps-2023-14, Max Planck Institute for Tax Law and Public Finance.
    24. Lu, Jingfeng & Wang, Zhewei & Zhou, Lixue, 2022. "Optimal favoritism in contests with identity-contingent prizes," Journal of Economic Behavior & Organization, Elsevier, vol. 196(C), pages 40-50.
    25. Isabel Busom & Beatriz Corchuelo & Ester Martínez-Ros, 2014. "Tax incentives… or subsidies for business R&D?," Small Business Economics, Springer, vol. 43(3), pages 571-596, October.
    26. Todd Kaplan & David Wettstein, 2015. "The optimal design of rewards in contests," Review of Economic Design, Springer;Society for Economic Design, vol. 19(4), pages 327-339, December.
    27. Fu, Qiang & Wu, Zenan, 2020. "On the optimal design of biased contests," Theoretical Economics, Econometric Society, vol. 15(4), November.

  47. Qiang Fu & Qian Jiao & Jingfeng Lu, 2011. "On disclosure policy in contests with stochastic entry," Public Choice, Springer, vol. 148(3), pages 419-434, September.

    Cited by:

    1. Qiang Fu & Qian Jiao & Jingfeng Lu, 2015. "Contests with endogenous entry," International Journal of Game Theory, Springer;Game Theory Society, vol. 44(2), pages 387-424, May.
    2. Fu, Qiang & Jiao, Qian & Lu, Jingfeng, 2014. "Disclosure policy in a multi-prize all-pay auction with stochastic abilities," Economics Letters, Elsevier, vol. 125(3), pages 376-380.
    3. Thomas, Jonathan P. & Wang, Zhewei, 2013. "Optimal punishment in contests with endogenous entry," Journal of Economic Behavior & Organization, Elsevier, vol. 91(C), pages 34-50.
    4. Kaplan, Todd R & Wettstein, David, 2016. "Two-Stage Contests with Preferences over Style," MPRA Paper 73539, University Library of Munich, Germany.
    5. Christian Ewerhart & Federico Quartieri, 2020. "Unique equilibrium in contests with incomplete information," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 70(1), pages 243-271, July.
    6. Gu, Yiquan & Hehenkamp, Burkhard & Leininger, Wolfgang, 2017. "The Dark Side of the Force: Evolutionary Equilibrium in Contests with Stochastic Entry," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking 168168, Verein für Socialpolitik / German Economic Association.
    7. Marcus Bansah & William Neilson & Jun Soo Lee, 2024. "Overconfidence, underconfidence, and entry in contests," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 45(1), pages 19-33, January.
    8. Feng, Xin & Lu, Jingfeng, 2016. "The optimal disclosure policy in contests with stochastic entry: A Bayesian persuasion perspective," Economics Letters, Elsevier, vol. 147(C), pages 103-107.
    9. Luke Boosey & Philip Brookins & Dmitry Ryvkin, 2016. "Contests with group size uncertainty: Experimental evidence," Working Papers wp2016_07_01, Department of Economics, Florida State University.
    10. Clark, Derek J. & Kundu, Tapas, 2026. "Endogenous entry and investment in an all-pay auction," Journal of Mathematical Economics, Elsevier, vol. 122(C).
    11. Luke Boosey & Philip Brookins & Dmitry Ryvkin, 2017. "Contests between groups of unknown size," Working Papers wp2017_03_01, Department of Economics, Florida State University.
    12. Chen, Bo, 2020. "Disclosure policies in research contests with stochastic entry," Economics Letters, Elsevier, vol. 191(C).
    13. Jingfeng Lu & Hongkun Ma & Zhe Wang, 2018. "Ranking Disclosure Policies In All‐Pay Auctions," Economic Inquiry, Western Economic Association International, vol. 56(3), pages 1464-1485, July.
    14. Boris Ginzburg, 2021. "Optimal Price Of Entry Into A Competition," Economic Inquiry, Western Economic Association International, vol. 59(1), pages 280-286, January.
    15. Qiang Fu & Jingfeng Lu & Jun Zhang, 2016. "Disclosure policy in Tullock contests with asymmetric stochastic entry," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 49(1), pages 52-75, February.
    16. Stefano Barbieri & Yixuan Shi & Sven A. Simon, 2026. "Sign Stealing in Team Contests: Coordination, Unpredictability, and Competition Intensity," Working Papers tax-mpg-rps-2026-05, Max Planck Institute for Tax Law and Public Finance.
    17. Chen, Zhuoqiong, 2021. "Optimal information exchange in contests," Journal of Mathematical Economics, Elsevier, vol. 96(C).
    18. Yiquan Gu & Burkhard Hehenkamp & Wolfgang Leininger, 2018. "Evolutionary Equilibrium in Contests with Stochastic Participation: Entry, Effort and Overdissipation," Working Papers 201810, University of Liverpool, Department of Economics.
    19. Feng, Xin, 2020. "Information disclosure on the contest mechanism," Journal of Mathematical Economics, Elsevier, vol. 91(C), pages 148-156.
    20. Christian Ewerhart & Julia Lareida, 2018. "Voluntary disclosure in asymmetric contests," ECON - Working Papers 279, Department of Economics - University of Zurich, revised Jul 2023.
    21. Jiao, Qian & Ke, Changxia & Liu, Yang, 2022. "When to disclose the number of contestants: Theory and experimental evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 193(C), pages 146-160.
    22. Aycinena, Diego & Rentschler, Lucas, 2019. "Entry in contests with incomplete information: Theory and experiments," European Journal of Political Economy, Elsevier, vol. 60(C).
    23. Chen, Bo & Serena, Marco & Wang, Zijia, 2024. "Disclosure policies in all-pay auctions with affiliated values," Economic Modelling, Elsevier, vol. 141(C).
    24. Chen, Bo & Jiang, Xiandeng & Knyazev, Dmitriy, 2017. "On disclosure policies in all-pay auctions with stochastic entry," Journal of Mathematical Economics, Elsevier, vol. 70(C), pages 66-73.
    25. Marco Serena, 2017. "Harnessing Beliefs to Stimulate Efforts; on the Optimal Disclosure Policy in Contests," Working Papers tax-mpg-rps-2018-11, Max Planck Institute for Tax Law and Public Finance.
    26. Bo Chen & Marco Serena, 2020. "Bid Caps and Disclosure Policies," Working Papers tax-mpg-rps-2020-08, Max Planck Institute for Tax Law and Public Finance.
    27. Dongryul Lee & Joon Song, 2019. "Optimal Team Contests to Induce More Efforts," Journal of Sports Economics, , vol. 20(3), pages 448-476, April.
    28. Bo Chen & Emilios Galariotis & Lijun Ma & Zijia Wang & Zhaobo Zhu, 2023. "On disclosure of participation in innovation contests: a dominance result," Post-Print hal-04185528, HAL.
    29. Chen, Bo & Ma, Lijun & Zhu, Zhaobo & Zhou, Yu, 2020. "Disclosure policies in all-pay auctions with bid caps and stochastic entry," Economics Letters, Elsevier, vol. 186(C).
    30. Ryvkin, Dmitry & Drugov, Mikhail, 2020. "The shape of luck and competition in winner-take-all tournaments," Theoretical Economics, Econometric Society, vol. 15(4), November.
    31. Stäbler, Jonathan, 2025. "Disclosure policy in contests with sabotage and group size uncertainty," European Economic Review, Elsevier, vol. 179(C).
    32. Liu, Bin & Lu, Jingfeng, 2019. "The optimal allocation of prizes in contests with costly entry," International Journal of Industrial Organization, Elsevier, vol. 66(C), pages 137-161.
    33. Marco Serena, 2022. "Harnessing beliefs to optimally disclose contestants’ types," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 74(3), pages 763-792, October.
    34. Dmitry Ryvkin & Mikhail Drugov, 2017. "Tournaments," Working Papers wp2017_03_02, Department of Economics, Florida State University.
    35. Chen, Zhuoqiong, 2025. "Know thy enemy: Information acquisition in contests," European Economic Review, Elsevier, vol. 177(C).
    36. Chen, Bo & Serena, Marco, 2023. "Disclosure Policies in All-Pay Auctions with Bid Caps," Journal of Economic Behavior & Organization, Elsevier, vol. 209(C), pages 141-160.
    37. Bo Chen & Emilios Galariotis & Lijun Ma & Zijia Wang & Zhaobo Zhu, 2023. "On disclosure of participation in innovation contests: a dominance result," Annals of Operations Research, Springer, vol. 328(2), pages 1615-1629, September.

  48. Qiang Fu & Jingfeng Lu, 2010. "Contest Design And Optimal Endogenous Entry," Economic Inquiry, Western Economic Association International, vol. 48(1), pages 80-88, January.
    See citations under working paper version above.
  49. Jingfeng Lu, 2010. "Entry Coordination And Auction Design With Private Costs Of Information Acquisition," Economic Inquiry, Western Economic Association International, vol. 48(2), pages 274-289, April.

    Cited by:

    1. Konrad, Kai A. & Kovenock, Dan, 2011. "The lifeboat problem," Discussion Papers, Research Professorship & Project "The Future of Fiscal Federalism" SP II 2011-106, WZB Berlin Social Science Center.
    2. Shin, Dongsoo & Yun, Sungho, 2023. "Information acquisition and countervailing incentives," Journal of Mathematical Economics, Elsevier, vol. 107(C).
    3. Xin Feng & Jingfeng Lu, 2026. "Selling to a continuum of buyers with private values and entry costs," Economic Inquiry, Western Economic Association International, vol. 64(3), pages 895-915, July.
    4. Xin Feng & Jingfeng Lu & Yeneng Sun, 2020. "Ex Ante Efficient Mechanism With Private Entry Costs," Economic Inquiry, Western Economic Association International, vol. 58(3), pages 1531-1541, July.
    5. Lu, Jingfeng & Ye, Lixin, 2013. "Efficient and optimal mechanisms with private information acquisition costs," Journal of Economic Theory, Elsevier, vol. 148(1), pages 393-408.
    6. Gentry, Matthew & Li, Tong & Lu, Jingfeng, 2017. "Auctions with selective entry," LSE Research Online Documents on Economics 83664, London School of Economics and Political Science, LSE Library.
    7. Gunay, Hikmet & Meng, Xin & Nagelberg, Mark, 2013. "Reserve price when bidders are asymmetric," Economics Discussion Papers 2013-19, Kiel Institute for the World Economy.
    8. Chen, Jiafeng & Kominers, Scott Duke, 2021. "Auctioneers sometimes prefer entry fees to extra bidders," International Journal of Industrial Organization, Elsevier, vol. 79(C).
    9. Kirkegaard, René, 2012. "Favoritism in asymmetric contests: Head starts and handicaps," Games and Economic Behavior, Elsevier, vol. 76(1), pages 226-248.
    10. Xu, Xiaoshu & Levin, Dan & Ye, Lixin, 2013. "Auctions with entry and resale," Games and Economic Behavior, Elsevier, vol. 79(C), pages 92-105.
    11. Cristián Hernández & Daniel Quint & Christopher Turansick, 2020. "Estimation in English auctions with unobserved heterogeneity," RAND Journal of Economics, RAND Corporation, vol. 51(3), pages 868-904, September.
    12. Ye, Lixin & Zhang, Chenglin, 2017. "Monopolistic nonlinear pricing with consumer entry," Theoretical Economics, Econometric Society, vol. 12(1), January.
    13. Agastya, Murali & Feng, Xin & Lu, Jingfeng, 2023. "Auction design with shortlisting when value discovery is covert," Journal of Mathematical Economics, Elsevier, vol. 107(C).

  50. Fu, Qiang & Lu, Jingfeng, 2009. "Contest with pre-contest investment," Economics Letters, Elsevier, vol. 103(3), pages 142-145, June.

    Cited by:

    1. Fabian Dietz & Stephan Eitel, 2025. "Endogenous Incumbency in Repeated Contests," Working Papers 243, Bavarian Graduate Program in Economics (BGPE).
    2. Derek Clark & Tore Nilssen, 2013. "Learning by doing in contests," Public Choice, Springer, vol. 156(1), pages 329-343, July.
    3. Clark, Derek J. & Kundu, Tapas & Nilssen, Tore, 2025. "Investment and endogenous efficiency in a contest," Economics Letters, Elsevier, vol. 247(C).
    4. Clark, Derek J. & Kundu, Tapas & Nilssen, Tore, 2026. "Investing to get a head start in contests," Journal of Economic Behavior & Organization, Elsevier, vol. 241(C).
    5. Esteve González, Patrícia, 2014. "Moral Hazard in Repeated Procurement of Services," Working Papers 2072/237593, Universitat Rovira i Virgili, Department of Economics.
    6. Amegashie, J. Atsu, 2012. "Productive versus destructive efforts in contests," European Journal of Political Economy, Elsevier, vol. 28(4), pages 461-468.
    7. Schaller, Zachary & Skaperdas, Stergios, 2020. "Bargaining and conflict with up-front investments: How power asymmetries matter," Journal of Economic Behavior & Organization, Elsevier, vol. 176(C), pages 212-225.
    8. Yizhaq Minchuk, 2020. "Rent-seeking contest with two forms of sabotaging efforts," Economics Bulletin, AccessEcon, vol. 40(2), pages 1413-1419.
    9. Clark, Derek J. & Kundu, Tapas, 2026. "Endogenous entry and investment in an all-pay auction," Journal of Mathematical Economics, Elsevier, vol. 122(C).
    10. Joschka Gerigk & Ian MacKenzie & Markus Ohndorf, 2015. "A Model of Benchmarking Regulation: Revisiting the Efficiency of Environmental Standards," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 62(1), pages 59-82, September.
    11. Derek J. Clark & Tore Nilssen, 2022. "Fatter or fitter? On rewarding and training in a contest," Economic Inquiry, Western Economic Association International, vol. 60(1), pages 101-120, January.
    12. Clark, Derek J. & Nilssen , Tore & Sand, Jan Yngve, 2014. "Keep on Fighting: Dynamic Win Effects in an All-Pay Auction," Memorandum 23/2014, Oslo University, Department of Economics.

  51. Fu, Qiang & Lu, Jingfeng, 2009. "The beauty of "bigness": On optimal design of multi-winner contests," Games and Economic Behavior, Elsevier, vol. 66(1), pages 146-161, May.

    Cited by:

    1. Dahm, Matthias & Esteve-González, Patricia, 2018. "Affirmative action through extra prizes," Journal of Economic Behavior & Organization, Elsevier, vol. 153(C), pages 123-142.
    2. Paul Schweinzer & Ella Segev, 2012. "The optimal prize structure of symmetric Tullock contests," Public Choice, Springer, vol. 153(1), pages 69-82, October.
    3. Czerny, Achim I. & Fosgerau, Mogens & Jost, Peter-J. & van Ommeren, Jos N., 2019. "Why pay for jobs (and not for tasks)?," Journal of Economic Behavior & Organization, Elsevier, vol. 168(C), pages 419-433.
    4. Emmanuel Dechenaux & Dan Kovenock & Roman Sheremeta, 2015. "A survey of experimental research on contests, all-pay auctions and tournaments," Experimental Economics, Springer;Economic Science Association, vol. 18(4), pages 609-669, December.
    5. Migheli, Matteo, 2019. "Competing for promotion: Are “THE BEST” always the best?," Research in Economics, Elsevier, vol. 73(2), pages 149-161.
    6. Alberto Vesperoni, 2013. "A contest success function for rankings," NEPS Working Papers 8/2013, Network of European Peace Scientists.
    7. Konrad, Kai A. & Kovenock, Dan, 2011. "The lifeboat problem," Discussion Papers, Research Professorship & Project "The Future of Fiscal Federalism" SP II 2011-106, WZB Berlin Social Science Center.
    8. Yildirim, Mustafa, 2023. "When does division matter? Revisiting the optimal contest architecture," Economics Letters, Elsevier, vol. 230(C).
    9. Spencer Bastani & Thomas Giebe & Oliver Gürtler, 2019. "A General Framework for Studying Contests," CESifo Working Paper Series 7993, CESifo.
    10. Xiang Sun & Jin Xu & Junjie Zhou, 2023. "Effort Discrimination and Curvature of Contest Technology in Conflict Networks," Papers 2302.09861, arXiv.org, revised Oct 2023.
    11. Levy, Jonathan & Zhang, Jingjing, 2024. "Promotion and demotion contests," Journal of Economic Behavior & Organization, Elsevier, vol. 219(C), pages 124-151.
    12. Subhasish M. Chowdhury & Sang-Hyun Kim, 2016. ""Small, yet Beautiful": Reconsidering the Optimal Design of Multi-winner Contests," Working papers 2016rwp-98, Yonsei University, Yonsei Economics Research Institute.
    13. Hirata, Daisuke, 2014. "A model of a two-stage all-pay auction," Mathematical Social Sciences, Elsevier, vol. 68(C), pages 5-13.
    14. Philip Brookins & Paan Jindapon, 2025. "Contest divisioning," Review of Economic Design, Springer;Society for Economic Design, vol. 29(3), pages 635-658, September.
    15. Alberto Vesperoni & Anıl Yıldızparlak, 2019. "Inequality and conflict outbreak," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 53(1), pages 135-173, June.
    16. Loukas Balafoutas & E. Glenn Dutcher & Florian Lindner & Dmitry Ryvkin, 2017. "The Optimal Allocation Of Prizes In Tournaments Of Heterogeneous Agents," Economic Inquiry, Western Economic Association International, vol. 55(1), pages 461-478, January.
    17. Sheremeta, Roman, 2009. "Essays on Experimental Investigation of Lottery Contests," MPRA Paper 49888, University Library of Munich, Germany.
    18. Qiang Fu & Jingfeng Lu & Zhewei Wang, 2013. ""Reverse" Nested Lottery Contests," SDU Working Papers 2013-02, School of Economics, Shandong University.
    19. Crutzen, Benoît S.Y. & Sahuguet, Nicolas, 2023. "Comparative politics with intraparty candidate selection," European Journal of Political Economy, Elsevier, vol. 79(C).
    20. Jingfeng Lu & Zhewei Wang, 2015. "Axiomatizing Multi-Prize Nested Lottery Contests: A Complete and Strict Ranking Perspective," SDU Working Papers 2015-01, School of Economics, Shandong University.
    21. Jingfeng Lu & Zhewei Wang, 2016. "Axiomatization of reverse nested lottery contests," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 47(4), pages 939-957, December.
    22. Shupp, Robert & Sheremeta, Roman M. & Schmidt, David & Walker, James, 2013. "Resource allocation contests: Experimental evidence," Journal of Economic Psychology, Elsevier, vol. 39(C), pages 257-267.
    23. Connolly Robert A. & Rendleman Richard J., 2011. "Going for the Green: A Simulation Study of Qualifying Success Probabilities in Professional Golf," Journal of Quantitative Analysis in Sports, De Gruyter, vol. 7(4), pages 1-50, October.
    24. Subhasish M. Chowdhury & Patricia Esteve-Gonzalez & Anwesha Mukherjee, 2020. "Heterogeneity, Leveling the Playing Field, and Affirmative Action in Contests," Munich Papers in Political Economy 06, Munich School of Politics and Public Policy and the School of Management at the Technical University of Munich.
    25. Lu, Jingfeng & Shen, Bo & Wang, Zhewei, 2017. "Optimal contest design under reverse-lottery technology," Journal of Mathematical Economics, Elsevier, vol. 72(C), pages 25-35.
    26. Wang, Zijia, 2026. "Sequential elimination contests with repechage," Journal of Mathematical Economics, Elsevier, vol. 122(C).
    27. Lepp l , Samuli, 2018. "Partial Exclusivity Can Resolve The Empirical Puzzles Associated With Rent-Seeking Activities," Cardiff Economics Working Papers E2018/25, Cardiff University, Cardiff Business School, Economics Section.
    28. Chen Cohen & Ishay Rabi & Aner Sela, 2021. "Optimal Seedings in Interdependent Contests," Working Papers 2108, Ben-Gurion University of the Negev, Department of Economics.
    29. Wang, Xiruo & Wu, Zenan & Zhu, Yuxuan, 2020. "Centralized versus decentralized contests with risk-averse players," Economics Letters, Elsevier, vol. 186(C).
    30. Liu, Xuyuan & Lu, Jingfeng, 2014. "The effort-maximizing contest with heterogeneous prizes," Economics Letters, Elsevier, vol. 125(3), pages 422-425.

  52. Jingfeng Lu, 2009. "Auction design with opportunity cost," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 38(1), pages 73-103, January.

    Cited by:

    1. Qiang Fu & Qian Jiao & Jingfeng Lu, 2015. "Contests with endogenous entry," International Journal of Game Theory, Springer;Game Theory Society, vol. 44(2), pages 387-424, May.
    2. Xin Feng & Jingfeng Lu, 2026. "Selling to a continuum of buyers with private values and entry costs," Economic Inquiry, Western Economic Association International, vol. 64(3), pages 895-915, July.
    3. Bara Kim & Seung Han Yoo, 2022. "Grand Mechanism and Population Uncertainty," Discussion Paper Series 2204, Institute of Economic Research, Korea University.
    4. Jingfeng Lu, 2010. "Entry Coordination And Auction Design With Private Costs Of Information Acquisition," Economic Inquiry, Western Economic Association International, vol. 48(2), pages 274-289, April.
    5. Xin Feng & Jingfeng Lu & Yeneng Sun, 2020. "Ex Ante Efficient Mechanism With Private Entry Costs," Economic Inquiry, Western Economic Association International, vol. 58(3), pages 1531-1541, July.
    6. Seung Han Yoo, 2020. "Optimal Influence Sale," Discussion Paper Series 2002, Institute of Economic Research, Korea University.
    7. Lu, Jingfeng & Ye, Lixin, 2013. "Efficient and optimal mechanisms with private information acquisition costs," Journal of Economic Theory, Elsevier, vol. 148(1), pages 393-408.
    8. Shanglyu Deng & Qiyao Zhou, 2023. "Recurring Auctions with Costly Entry: Theory and Evidence," Papers 2306.17355, arXiv.org, revised Feb 2025.
    9. Tomoya KAZUMURA, 2020. "When can we design efficient and strategy-proof rules in package assignment problems?," Discussion papers e-21-008, Graduate School of Economics , Kyoto University.
    10. Damian Damianov, 2012. "Seller competition by mechanism design," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 51(1), pages 105-137, September.
    11. Ginzburg, Boris, 2019. "A Simple Model of Competitive Testing," MPRA Paper 94605, University Library of Munich, Germany.
    12. Mialon, Sue H. & Yoo, Seung Han, 2017. "Incentives for discrimination," Journal of Economic Behavior & Organization, Elsevier, vol. 136(C), pages 141-160.
    13. Xiaoyong Cao & Guofu Tan & Guoqiang Tian & Okan Yilankaya, 2018. "Equilibria in second-price auctions with private participation costs," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 65(2), pages 231-249, March.
    14. Diego Aycinena & Hernán Bejarano & Lucas Rentschler, 2018. "Informed entry in auctions," International Journal of Game Theory, Springer;Game Theory Society, vol. 47(1), pages 175-205, March.
    15. Bernhardt, Dan & Liu, Tingjun & Sogo, Takeharu, 2019. "Costly auction entry, royalty payments, and the optimality of asymmetric designs," The Warwick Economics Research Paper Series (TWERPS) 1200, University of Warwick, Department of Economics.
    16. Xiaogang Che & Tilman Klumpp, 2023. "Auctions versus sequential mechanisms when resale is allowed," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 75(4), pages 1207-1245, May.
    17. Chen, Jiafeng & Kominers, Scott Duke, 2021. "Auctioneers sometimes prefer entry fees to extra bidders," International Journal of Industrial Organization, Elsevier, vol. 79(C).
    18. Xiaoyong Cao & Guoqiang Tian, 2013. "Second‐Price Auctions with Different Participation Costs," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 22(1), pages 184-205, March.
    19. Feng, Xin & Song, Shuangteng, 2025. "Information acquisition in all-pay contests," Economics Letters, Elsevier, vol. 256(C).
    20. Jinhyuk Lee & Jaeok Park, 2016. "Second-price auctions with sequential and costly participation," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 62(3), pages 567-586, August.
    21. Nicole Bastian Johnson & Thomas Pfeiffer & Georg Schneider, 2017. "Two-stage capital budgeting, capital charge rates, and resource constraints," Review of Accounting Studies, Springer, vol. 22(2), pages 933-963, June.
    22. Xiaohong Chen & Matthew Gentry & Tong Li & Jingfeng Lu, 2020. "Identification and Inference in First-Price Auctions with Risk Averse Bidders and Selective Entry," Cowles Foundation Discussion Papers 2257, Cowles Foundation for Research in Economics, Yale University.
    23. Xin Feng, 2023. "Information disclosure in all-pay contests with costly entry," International Journal of Game Theory, Springer;Game Theory Society, vol. 52(2), pages 401-421, June.
    24. Celik Gorkem & Yilankaya Okan, 2009. "Optimal Auctions with Simultaneous and Costly Participation," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 9(1), pages 1-33, July.
    25. George Deltas, 2009. "Introduction to the Symposium," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 38(1), pages 1-7, January.
    26. Todd Kaplan & Aner Sela, 2022. "Second-Price Auctions with Private Entry Costs," Games, MDPI, vol. 13(5), pages 1-14, September.
    27. Liu, Bin & Lu, Jingfeng, 2019. "The optimal allocation of prizes in contests with costly entry," International Journal of Industrial Organization, Elsevier, vol. 66(C), pages 137-161.
    28. Yumiko Baba, 2013. "A Note On Dutch Auctions With Time Credits," Working Papers e053, Tokyo Center for Economic Research.
    29. Diego Aycinena & Lucas Rentschler, 2018. "Auctions with endogenous participation and an uncertain number of bidders: experimental evidence," Experimental Economics, Springer;Economic Science Association, vol. 21(4), pages 924-949, December.

  53. Jingfeng Lu, 2009. "Why a Simple Second-Price Auction Induces Efficient Endogenous Entry," Theory and Decision, Springer, vol. 66(2), pages 181-198, February.

    Cited by:

    1. Lorentziadis, Panos L., 2016. "Optimal bidding in auctions from a game theory perspective," European Journal of Operational Research, Elsevier, vol. 248(2), pages 347-371.

  54. Jingfeng Lu & Euston Quah, 2009. "Private Provisions of a Discrete Public Good with Voluntary Participation," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 11(3), pages 343-362, June.

    Cited by:

    1. Noriaki Matsushima & Ryusuke Shinohara, 2015. "The efficiency of monopolistic provision of public goods through simultaneous bilateral bargaining," ISER Discussion Paper 0948, Institute of Social and Economic Research, The University of Osaka.
    2. Ahmet Altiok & Murat Yilmaz, 2014. "Dynamic Voluntary Contribution to a Public Project under Time-Inconsistency," Working Papers 2014/08, Bogazici University, Department of Economics.
    3. Murat Yilmaz, 2010. "Auctioning a Discrete Public Good under Incomplete Information," Working Papers 2010/14, Bogazici University, Department of Economics.

  55. Jingfeng Lu & Isabelle Perrigne, 2008. "Estimating risk aversion from ascending and sealed-bid auctions: the case of timber auction data," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 23(7), pages 871-896.
    See citations under working paper version above.
  56. Liu, Haoming & Lu, Jingfeng, 2006. "Measuring the degree of assortative mating," Economics Letters, Elsevier, vol. 92(3), pages 317-322, September.

    Cited by:

    1. Artmann, Elisabeth & Ketel, Nadine & Oosterbeck, Hessel & van der Klaauw, Bas, 2018. "Field of study and family outcomes," Working Papers in Economics 736, University of Gothenburg, Department of Economics.
    2. Anna NAZSZODI & Francisco MENDONCA, 2023. "A new method for identifying the role of marital preferences at shaping marriage patterns," JODE - Journal of Demographic Economics, Cambridge University Press, vol. 89(1), pages 1-27, March.
    3. Bratsberg, Bernt & Markussen, Simen & Raaum, Oddbjørn & Røed, Knut & Røgeberg, Ole J., 2018. "Trends in Assortative Mating and Offspring Outcomes," IZA Discussion Papers 11753, IZA Network @ LISER.
    4. Kirkeboen, Lars & Leuven, Edwin & Mogstad, Magne, 2021. "College as a Marriage Market," IZA Discussion Papers 14264, IZA Network @ LISER.
    5. Anna Naszodi & Francisco Mendonca, 2021. "A new method for identifying what Cupid's invisible hand is doing. Is it spreading color blindness while turning us more "picky'' about spousal education?," Papers 2103.06991, arXiv.org, revised Feb 2023.
    6. Anderson, Gordon & Leo, Teng Wah, 2013. "An empirical examination of matching theories: The one child policy, partner choice and matching intensity in urban China," Journal of Comparative Economics, Elsevier, vol. 41(2), pages 468-489.
    7. Naszódi, Anna, 2022. "Hogyan szálazzuk szét a megfigyelhető változások okait? [Decomposing observable changes into their causes]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(11), pages 1407-1432.
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