ENHANCING EFFORT SUPPLY WITH PRIZE‐AUGMENTING ENTRY FEES: THEORY AND EXPERIMENTS

DOI10.1111/IERE.12379MaRDI QIDQ3299190zbMATH OpenOpenAlexWikidataFDO

Authors Robert G. Hammond, Bin Liu, Jingfeng Lu, Yohanes E. Riyanto

Publication date 17 July 2020

Published in International Economic Review (Search for Journal in Brave)

Full work available at URL https://www.researchgate.net/profile/Jingfeng_Lu/publication/330517957_ENHANCING_EFFORT_SUPPLY_WITH_PRIZE-AUGMENTING_ENTRY_FEES_THEORY_AND_EXPERIMENTS/links/5c69311a4585156b57017dec/ENHANCING-EFFORT-SUPPLY-WITH-PRIZE-AUGMENTING-ENTRY-FEES-THEORY-AND-EXPERIMENTS.pdf

zbMATH Keywords

all-pay auctioncarrot and stickeffortprize allocationprize-augmenting entry fee

Mathematics Subject Classification ID

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

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• Optimal orchestration of rewards and punishments in rank-order contests
• Are increased costs worth paying to raise non‐monetary utility?: Analysis of intrinsic motivation and fringe benefits
• Contests with entry fees: theory and evidence
• Endogenous entry and investment in an all-pay auction
• Shirking and ``choking under incentive-based pressure: A behavioral economic theory of performance production

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