G2TT
来源类型Discussion paper
规范类型论文
来源IDDP4685
DP4685 Industry/University S&T Transfers: What Can We Learn From Belgian CIS-2 Data?
Henri Capron; Michele Cincera
发表日期2004-11-23
出版年2004
语种英语
摘要We study all-pay contests under incomplete information where the reward is a function of the contestant's type and effort. We analyse the optimal reward for the designer when the reward is either multiplicatively separable or additively separable in effort and type. In the multiplicatively separable environment the optimal reward is always positive while in the additively separable environment it may also be negative. In both environments, depending on the designer's utility, the optimal reward may either increase or decrease in the contestants' effort. Finally, in both environments, the designer's payoff depends only upon the expected value of the effort-dependent rewards and not the number of rewards.
主题Industrial Organization
关键词Contests All-pay auctions Optimal design
URLhttps://cepr.org/publications/dp4685
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/533640
推荐引用方式
GB/T 7714
Henri Capron,Michele Cincera. DP4685 Industry/University S&T Transfers: What Can We Learn From Belgian CIS-2 Data?. 2004.
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