Buchumschlag

Exclusion in the all-pay auction: an experimental investigation

Weitere Versionen anzeigen (1)

Contest designers or managers who want to maximize the overall revenue of a contest (relative performance scheme) are frequently concerned with a trade-off between contest homogeneity and inclusion of contestants with high valuations. In our experimental study, we find that it is not profitable to e...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Hauptverfasser: Fehr, Dietmar (VerfasserIn) , Schmid, Julia (VerfasserIn)
Dokumenttyp: Book/Monograph Arbeitspapier
Sprache:Englisch
Veröffentlicht: Berlin, Germany Wissenschaftszentrum Berlin für Sozialforschung gGmbH [2017]
Ausgabe:Revised version of the WZB Discussion Paper SP II 2014-206
Schriftenreihe:Discussion paper / (WZB) Berlin Social Science Center, Research Area: Markets and Choice, Research Unit: Market Behavior SP II 2017, 202 (April 2017)
In: Discussion paper (SP II 2017, 202 (April 2017))

Schlagworte:
Arbeitspapier
Graue Literatur
Online-Zugang:Resolving-System, Volltext: http://hdl.handle.net/10419/157372
Verlag, Volltext: https://bibliothek.wzb.eu/pdf/2017/ii17-202.pdf
Volltext
Verfasserangaben:Dietmar Fehr, Julia Schmid

MARC

LEADER 00000cam a2200000 c 4500
001 885196465
003 DE-627
005 20250305215343.0
007 cr uuu---uuuuu
008 170427s2017 gw |||||o 00| ||eng c
024 7 |a 10419/157372  |2 hdl 
035 |a (DE-627)885196465 
035 |a (DE-576)9885196463 
035 |a (DE-599)GBV885196465 
040 |a DE-627  |b ger  |c DE-627  |e rda 
041 |a eng 
044 |c XA-DE 
082 0 4 |a 330  |q SEPA 
084 |a 17  |2 sdnb 
084 |a C72  |a C92  |a D84  |2 jelc 
100 1 |a Fehr, Dietmar  |e VerfasserIn  |0 (DE-588)124797237  |0 (DE-627)636702545  |0 (DE-576)186921489  |4 aut 
245 1 0 |a Exclusion in the all-pay auction  |b an experimental investigation  |c Dietmar Fehr, Julia Schmid 
250 |a Revised version of the WZB Discussion Paper SP II 2014-206 
264 1 |a Berlin, Germany  |b Wissenschaftszentrum Berlin für Sozialforschung gGmbH  |c [2017] 
300 |a 1 Online-Ressource (circa 48 Seiten)  |b Illustrationen 
336 |a Text  |b txt  |2 rdacontent 
337 |a Computermedien  |b c  |2 rdamedia 
338 |a Online-Ressource  |b cr  |2 rdacarrier 
490 1 |a Discussion paper / (WZB) Berlin Social Science Center, Research Area: Markets and Choice, Research Unit: Market Behavior  |v SP II 2017, 202 (April 2017) 
520 |a Contest designers or managers who want to maximize the overall revenue of a contest (relative performance scheme) are frequently concerned with a trade-off between contest homogeneity and inclusion of contestants with high valuations. In our experimental study, we find that it is not profitable to exclude the most able bidder in favor of greater homogeneity among the remaining bidders, even if the theoretical exclusion principle predicts otherwise. This is because the strongest bidders are willing to give up a substantial part of their expected rent and prefer a strategy that ensures a lower but secure pay-off. 
650 4 |a all-pay auction  |7 (dpeaa)DE-206 
650 4 |a contests  |7 (dpeaa)DE-206 
650 4 |a heterogeneity  |7 (dpeaa)DE-206 
650 4 |a superstars  |7 (dpeaa)DE-206 
650 4 |a experiments  |7 (dpeaa)DE-206 
655 4 |0 (DE-206)24  |a Arbeitspapier  |5 DE-206 
655 4 |0 (DE-206)34  |a Graue Literatur  |5 DE-206 
700 1 |a Schmid, Julia  |e VerfasserIn  |0 (DE-588)135747554  |0 (DE-627)570220211  |0 (DE-576)275140334  |4 aut 
776 0 8 |i Erscheint auch als  |n Druck-Ausgabe  |a Fehr, Dietmar  |t Exclusion in the all-pay auction  |b Revised version of the WZB discussion paper SP II 2014-206  |d Berlin : WZB, Wissenschaftszentrum Berlin für Sozialforschung, 2017  |h 44 Seiten  |w (DE-627)887656145  |w (DE-576)9887656143 
810 2 |a Wissenschaftszentrum Berlin für Sozialforschung  |b Abteilung Verhalten auf Märkten  |t Discussion paper  |v SP II 2017, 202 (April 2017)  |9 2017202  |w (DE-627)72850359X  |w (DE-576)373180837  |w (DE-600)2688101-9  |7 am 
856 4 0 |u http://hdl.handle.net/10419/157372  |x Resolving-System  |3 Volltext 
856 4 0 |u https://bibliothek.wzb.eu/pdf/2017/ii17-202.pdf  |x Verlag  |3 Volltext 
951 |a BO 
992 |a 20201117 
993 |a WorkingPaper 
994 |a 2017 
998 |g 124797237  |a Fehr, Dietmar  |m 124797237:Fehr, Dietmar  |d 180000  |d 181000  |e 180000PF124797237  |e 181000PF124797237  |k 0/180000/  |k 1/180000/181000/  |p 1  |x j 
999 |a KXP-PPN885196465  |e 3805721560 
BIB |a Y 
JSO |a {"type":{"media":"Online-Ressource","bibl":"book"},"name":{"displayForm":["Dietmar Fehr, Julia Schmid"]},"origin":[{"publisherPlace":"Berlin, Germany","dateIssuedDisp":"[2017]","publisher":"Wissenschaftszentrum Berlin für Sozialforschung gGmbH","edition":"Revised version of the WZB Discussion Paper SP II 2014-206","dateIssuedKey":"2017"}],"relMultPart":[{"origin":[{"dateIssuedDisp":"2011-","publisherPlace":"Berlin","publisher":"WZB","dateIssuedKey":"2011"}],"type":{"media":"Online-Ressource","bibl":"serial"},"title":[{"title":"Discussion paper / Social Science Research Center Berlin (WZB), Research Area Markets and Choice, Research Unit Market Behavior","title_sort":"Discussion paper / Social Science Research Center Berlin (WZB), Research Area Markets and Choice, Research Unit Market Behavior"}],"pubHistory":["2011 -"],"language":["eng"],"physDesc":[{"extent":"Online-Ressource"}],"disp":"Discussion paper / (WZB) Berlin Social Science Center, Research Area: Markets and Choice, Research Unit: Market Behavior","part":{"number_sort":["2017202"],"number":["SP II 2017, 202 (April 2017)"]},"corporate":[{"display":"Wissenschaftszentrum Berlin für Sozialforschung","role":"aut"}],"dispAlt":"Wissenschaftszentrum Berlin für Sozialforschung / Abteilung Verhalten auf Märkten: Discussion paper","recId":"72850359X","id":{"hdl":["10419/54351"],"zdb":["2688101-9"],"eki":["72850359X"]}}],"id":{"eki":["885196465"],"hdl":["10419/157372"]},"title":[{"subtitle":"an experimental investigation","title_sort":"Exclusion in the all-pay auction","title":"Exclusion in the all-pay auction"}],"person":[{"role":"aut","given":"Dietmar","family":"Fehr","display":"Fehr, Dietmar"},{"display":"Schmid, Julia","given":"Julia","family":"Schmid","role":"aut"}],"recId":"885196465","language":["eng"],"physDesc":[{"extent":"1 Online-Ressource (circa 48 Seiten)","noteIll":"Illustrationen"}]} 
SRT |a FEHRDIETMAEXCLUSIONI2017 

Ähnliche Einträge