Grading on a Curve, and other Effects of Group Size on All-Pay Auctions
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 effect of contest size on effort and test our predictions in a laboratory experiment that compares...
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| Main Author: |
Brownback, Andy
Andreoni, James |
|---|---|
| Format: | Paper |
| Language: | English |
| Place of publication: |
National Bureau of Economic Research 01.05.2014 |
| Data of publication: | 20140501 |
| Series: |
NBER Working Paper Series |
| Subjects: | |
| Online Access: |
Fulltext |
| Database: | NBER Working Papers NBER Technical Working Papers Archive NBER National Bureau of Economic Research Publications Database information Databases - DBIS |