{"title":"Nonparametric identification and estimation of all-pay auction and contest models","authors":"Ksenia Shakhgildyan","doi":"10.1007/s10058-022-00309-3","DOIUrl":"https://doi.org/10.1007/s10058-022-00309-3","url":null,"abstract":"","PeriodicalId":44537,"journal":{"name":"Review of Economic Design","volume":" ","pages":""},"PeriodicalIF":0.7,"publicationDate":"2022-09-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46206508","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Difference-form group contests","authors":"María Cubel, Santiago Sanchez-Pages","doi":"10.1007/s10058-022-00312-8","DOIUrl":"https://doi.org/10.1007/s10058-022-00312-8","url":null,"abstract":"<p>This paper is the first to study difference-form group contests, that is, contests fought among groups where their probability of victory depends on the absolute difference of their effective efforts. We show that key equilibrium variables in these contests can be expressed as a function of a modified version of the Watts poverty index. We use the properties of this index to study the impact of heterogeneity, both within and between groups. In the case of homogeneous groups, we show that multiple groups can be active in equilibrium and that more groups are active and aggregate effort is higher the more similar their valuations of victory are. We then characterize equilibria under heterogeneous groups. We show that within-group heterogeneity is typically detrimental to the success of a group in the contest. Groups may have an incentive to become more homogeneous in order to increase their chances of victory.</p>","PeriodicalId":44537,"journal":{"name":"Review of Economic Design","volume":"8 3-4","pages":""},"PeriodicalIF":0.7,"publicationDate":"2022-09-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138496045","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Contest divisioning","authors":"Philip Brookins, Paan Jindapon","doi":"10.1007/s10058-022-00311-9","DOIUrl":"https://doi.org/10.1007/s10058-022-00311-9","url":null,"abstract":"<p>In this paper, we ask a fundamental design question in the theory of contests: Should contestants and reward money be pooled into a single grand contest, or should they be divided into parallel subcontests? We theoretically explore optimal divisioning using Tullock’s lottery contest framework and compare the performance, i.e., total effort generated, of the grand contest to the performance of contest divisioning based on players’ ability or risk attitude. When all players are risk neutral, contest divisioning is never optimal. However, given that players are heterogeneous in either ability or risk attitude, we find that contest divisioning is optimal when the degrees of absolute risk aversion are sufficiently large. Importantly, our results support the widespread use of divisioning seen in practice.</p>","PeriodicalId":44537,"journal":{"name":"Review of Economic Design","volume":"8 7","pages":""},"PeriodicalIF":0.7,"publicationDate":"2022-08-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138496044","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Well-designed incentive schemes: introduction to the special issue in honor of Semih Koray","authors":"M. Sanver","doi":"10.1007/s10058-022-00307-5","DOIUrl":"https://doi.org/10.1007/s10058-022-00307-5","url":null,"abstract":"","PeriodicalId":44537,"journal":{"name":"Review of Economic Design","volume":"26 1","pages":"247 - 254"},"PeriodicalIF":0.7,"publicationDate":"2022-08-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49610542","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Robust implementation in sequential information design under supermodular payoffs and objective","authors":"Hiroto Sato","doi":"10.1007/s10058-022-00304-8","DOIUrl":"https://doi.org/10.1007/s10058-022-00304-8","url":null,"abstract":"","PeriodicalId":44537,"journal":{"name":"Review of Economic Design","volume":"27 1","pages":"269 - 285"},"PeriodicalIF":0.7,"publicationDate":"2022-07-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43980326","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Entitlements to continued life and the evaluation of population health","authors":"Juan D. Moreno-Ternero, L. P. Østerdal","doi":"10.1007/s10058-022-00303-9","DOIUrl":"https://doi.org/10.1007/s10058-022-00303-9","url":null,"abstract":"","PeriodicalId":44537,"journal":{"name":"Review of Economic Design","volume":"1 1","pages":"1 - 19"},"PeriodicalIF":0.7,"publicationDate":"2022-06-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45520242","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Compromising as an equal loss principle","authors":"O. Cailloux, Beatrice Napolitano, M. Sanver","doi":"10.1007/s10058-022-00302-w","DOIUrl":"https://doi.org/10.1007/s10058-022-00302-w","url":null,"abstract":"","PeriodicalId":44537,"journal":{"name":"Review of Economic Design","volume":"27 1","pages":"547 - 560"},"PeriodicalIF":0.7,"publicationDate":"2022-05-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44076190","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Almost-truthful interim-biased mediation enables information exchange between agents with misaligned interests","authors":"Dmitry Sedov","doi":"10.1007/s10058-022-00301-x","DOIUrl":"https://doi.org/10.1007/s10058-022-00301-x","url":null,"abstract":"","PeriodicalId":44537,"journal":{"name":"Review of Economic Design","volume":"27 1","pages":"505 - 546"},"PeriodicalIF":0.7,"publicationDate":"2022-04-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46664042","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}