The Contest Winner: Gifted or Venturesome?
The Contest Winner: Gifted or Venturesome?
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比赛获胜者:有天赋还是有冒险精神?
DOI:
10.2139/ssrn.1730088
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发表时间:
2010
期刊:
影响因子:
--
通讯作者:
Marco Sahm
中科院分区:
文献类型:
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作者:
Marco Sahm
This paper examines the chance of winning a Tullock-contest when participants differ in both their talent and their attitude towards risk. For the case of CARA preferences, it is shown that the winning probability may be higher for a low-skilled agent with a low degree of risk aversion than for a high-skilled agent with a high degree of risk-aversion. Such an outcome often is undesirable. It will occur if and only if the agents’ ratio of degrees of risk aversion is larger than their ratio of skill levels and the rent of the contest is sufficiently high.
DOI:
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发表时间:
2008
期刊:
Journal of Public Economic Theory Vol.10, No.2
影响因子:
--
作者:
ジル・ドスタレール著 (鍋島直樹;小峯敦監訳);田村伊知朗;田村伊知朗;田村伊知朗;田村伊知朗;田村伊知朗;田村伊知朗;Takeshi Yamazaki;山崎剛志;Takeshi Yamazaki;山崎剛志;Takeshi Yamazaki
通讯作者:
Takeshi Yamazaki