Two-Stage Elimination Contests with Endogenous Continuation Values: An Analytical Solution
This paper analyzes a two-stage pairwise elimination contest with heterogeneous agents. It derives analytical expressions for equilibrium efforts in a setting where the two simultaneous stage-1 interactions are linked through endogenously determined continuation values.
|Date of creation:||Aug 2012|
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- Jennifer Brown & Dylan B. Minor, 2011. "Selecting the Best? Spillover and Shadows in Elimination Tournaments," NBER Working Papers 17639, National Bureau of Economic Research, Inc.
- Richard Cornes & Roger Hartley, 2005.
"Asymmetric contests with general technologies,"
Springer;Society for the Advancement of Economic Theory (SAET), vol. 26(4), pages 923-946, November.
- Groh, Christian & Moldovanu, Benny & Sela, Aner & Sunde, Uwe, 2003.
"Optimal Seedings in Elimination Tournaments,"
Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems
140, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Sherwin Rosen, 1985.
"Prizes and Incentives in Elimination Tournaments,"
NBER Working Papers
1668, National Bureau of Economic Research, Inc.
- Rick Harbaugh & Tilman Klumpp, 2005.
"Early Round Upsets and Championship Blowouts,"
Western Economic Association International, vol. 43(2), pages 316-329, April.
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