PROPERTY RIGHTS AND LOSS AVERSION IN CONTESTS

We analyze the effects of property rights and the resulting loss aversion on contest outcomes. We study three situations: in “gain” two players start with no prize and make sunk bids to win a prize; in “loss” both the players start with prizes and whoever loses the contest loses their prize; and in...

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Bibliographic details
Volume: 56
Main Author: Chowdhury, Subhasish M
Jeon, Joo Young
Ramalingam, Abhijit
Format: Journal Article
Language: English
Zielgruppe: Academic
Place of publication: Boston, USA Wiley Periodicals, Inc 01.07.2018
Western Economic Association International
Wiley
published in: Economic inquiry Vol. 56; no. 3; pp. 1492 - 1511
Data of publication: July 2018
ISSN: 0095-2583
1465-7295
EISSN: 1465-7295
Discipline: Economics
Business
Subjects:
Online Access: available in Bonn?
Database: CrossRef
Gale General OneFile
OpenAIRE (Open Access)
OpenAIRE
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