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A Note on Multi-winner Contest Mechanisms

Author

Listed:
  • Subhasish M. Chowdhury

    (University of East Anglia)

  • Sang-Hyun Kim

    (University of East Anglia)

Abstract

We consider a multi-winner nested elimination contest in which losers are sequentially eliminated to attain the set of winners. This is a variant of a widely used mechanism introduced by Clark and Riis (1996) that allows one to select the winners sequentially. We show that the nested elimination mechanism becomes equivalent to another popular mechanism suggested by Berry (1993) where the winners are chosen simultaneously.

Suggested Citation

  • Subhasish M. Chowdhury & Sang-Hyun Kim, 2014. "A Note on Multi-winner Contest Mechanisms," University of East Anglia Applied and Financial Economics Working Paper Series 058, School of Economics, University of East Anglia, Norwich, UK..
  • Handle: RePEc:uea:aepppr:2012_58
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    File URL: https://archive.uea.ac.uk/menu/depts/eco/research/RePEc/uea/papers_pdf/UEA-AFE-058.pdf
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    References listed on IDEAS

    as
    1. Dana Sisak, 2009. "Multiple-Prize Contests - The Optimal Allocation Of Prizes," Journal of Economic Surveys, Wiley Blackwell, vol. 23(1), pages 82-114, February.
    2. 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.
    3. Clark, Derek J & Riis, Christian, 1996. "A Multi-winner Nested Rent-Seeking Contest," Public Choice, Springer, vol. 87(1-2), pages 177-184, April.
    4. Berry, S Keith, 1993. "Rent-Seeking with Multiple Winners," Public Choice, Springer, vol. 77(2), pages 437-443, October.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Balart, Pau & Chowdhury, Subhasish M. & Troumpounis, Orestis, 2017. "Linking individual and collective contests through noise level and sharing rules," Economics Letters, Elsevier, vol. 155(C), pages 126-130.
    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. Chowdhury, Subhasish M. & Kim, Sang-Hyun, 2017. "“Small, yet Beautiful”: Reconsidering the optimal design of multi-winner contests," Games and Economic Behavior, Elsevier, vol. 104(C), pages 486-493.
    4. repec:eee:mateco:v:72:y:2017:i:c:p:25-35 is not listed on IDEAS
    5. 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.
    6. Alberto Vesperoni, 2016. "A contest success function for rankings," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 47(4), pages 905-937, December.

    More about this item

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances; Revolutions

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