All pay auctions and group size: Grading on a curve and other applications
All pay auctions and group size: Grading on a curve and other applications
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所有付费拍卖和团体规模:曲线分级和其他应用
DOI:
10.1016/j.jebo.2017.03.017
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发表时间:
2017
影响因子:
2.2
通讯作者:
Brownback, Andy
中科院分区:
文献类型:
--
作者:
Andreoni, James;Brownback, Andy
We model contests with a fixed proportion of prizes, such as a grading curve, as all-pay auctions where higher effort weakly increases the likelihood of a prize. We find theoretical predictions for the heterogeneous effect auction size has on effort from high- and low-types. We test our predictions in a laboratory experiment that compares behavior in two-bidder, one-prize auctions with behavior in 20-bidder, 10-prize auctions. We find a statistically significant 11.8% increase in aggregate bidding when moving from the small to large auction. The impact is heterogeneous: as the auction size increases, low-types decrease effort but high-types increase effort. Additionally, the larger auction provides a stronger rank-correlation between effort and ability, awarding more prizes to the higher-skilled and improving the efficiency of prize allocation.
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DOI:
10.1016/j.geb.2009.09.007
发表时间:
2010-03
期刊:
Games Econ. Behav.
影响因子:
--
作者:
Sérgio O. Parreiras;A. Rubinchik
通讯作者:
Sérgio O. Parreiras;A. Rubinchik
DOI:
10.1111/1468-2354.t01-1-00031
发表时间:
2002-11
期刊:
Microeconomic Theory eJournal
影响因子:
--
作者:
Yaşar Barut;D. Kovenock;C. Noussair
通讯作者:
Yaşar Barut;D. Kovenock;C. Noussair
影响因子:
1.9
作者:
BAIK, KH
通讯作者:
BAIK, KH
影响因子:
1.6
作者:
W. Becker;S. Rosen
通讯作者:
S. Rosen
DOI:
--
发表时间:
2010-04
期刊:
--
影响因子:
--
作者:
J. Andreoni;William T. Harbaugh
通讯作者:
J. Andreoni;William T. Harbaugh