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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Bibliographic details
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
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