Incentives in lottery contests with draws

DOI10.1016/J.ECONLET.2017.11.028MaRDI QIDQ1787263zbMATH OpenOpenAlexFDO

Authors Shanglyu Deng, Xiruo Wang, Z. N. Wu

Publication date 5 October 2018

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.econlet.2017.11.028

zbMATH Keywords

contestdraw

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26)

Recommendations

• Optimally biased contests with draws
• ``Reverse nested lottery contests
• Contests with an uncertain number of prizes with a fixed total value
• Contests with Ties
• Contests with productive effort

Cites work

• Comparative Statics of Contests and Rent-Seeking Games
• Contest success function with the possibility of a draw: axiomatization
• The strategic equivalence of rent-seeking, innovation, and patent-race games.
• Tournaments with gaps

Cited in

(9)

• On the validity of the random lottery incentive system
• The lottery contest is a best-response potential game
• Winner's effort maximization in large contests
• ``Reverse nested lottery contests
• An analysis of group contests with the possibility of a draw
• The Market for Sweepstakes
• Optimal tie-breaking rules
• Optimally biased contests with draws
• Intermediate prizes in multi-dimensional contests

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