预算约束在顺序淘汰赛中的作用

IF 1.3 4区经济学 Q3 ECONOMICS

Scandinavian Journal of Economics Pub Date : 2021-04-17 DOI:10.1111/SJOE.12440

Malin Arve, Olga Chiappinelli

{"title":"预算约束在顺序淘汰赛中的作用","authors":"Malin Arve, Olga Chiappinelli","doi":"10.1111/SJOE.12440","DOIUrl":null,"url":null,"abstract":"Motivated by the EU concept of Pre-Commercial Procurement and the massive presence of SMEs in the European economy, we study how budget constraints affect R&D effort in sequential elimination tournaments. We show that introducing budget constraints leads to a non-monotonicity in unconstrained contestants’ effort. Furthermore, we show that if the budget asymmetry is not too large, unconstrained contestants exert higher effort than when faced with unconstrained contestants only.","PeriodicalId":47929,"journal":{"name":"Scandinavian Journal of Economics","volume":null,"pages":null},"PeriodicalIF":1.3000,"publicationDate":"2021-04-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/SJOE.12440","citationCount":"2","resultStr":"{\"title\":\"The Role of Budget Constraints in Sequential Elimination Tournaments\",\"authors\":\"Malin Arve, Olga Chiappinelli\",\"doi\":\"10.1111/SJOE.12440\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"Motivated by the EU concept of Pre-Commercial Procurement and the massive presence of SMEs in the European economy, we study how budget constraints affect R&D effort in sequential elimination tournaments. We show that introducing budget constraints leads to a non-monotonicity in unconstrained contestants’ effort. Furthermore, we show that if the budget asymmetry is not too large, unconstrained contestants exert higher effort than when faced with unconstrained contestants only.\",\"PeriodicalId\":47929,\"journal\":{\"name\":\"Scandinavian Journal of Economics\",\"volume\":null,\"pages\":null},\"PeriodicalIF\":1.3000,\"publicationDate\":\"2021-04-17\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"https://sci-hub-pdf.com/10.1111/SJOE.12440\",\"citationCount\":\"2\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Scandinavian Journal of Economics\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://doi.org/10.1111/SJOE.12440\",\"RegionNum\":4,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Scandinavian Journal of Economics","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1111/SJOE.12440","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}

引用次数: 2

摘要

受欧盟商业前采购概念和欧洲经济中大量中小企业的存在的激励，我们研究了预算约束如何影响顺序淘汰赛的研发工作。我们证明了引入预算约束会导致无约束参赛者努力的非单调性。在预算不对称不太大的情况下，不受约束的竞争对手比只面对不受约束的竞争对手付出更高的努力。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

查看原文本刊更多论文

The Role of Budget Constraints in Sequential Elimination Tournaments

Motivated by the EU concept of Pre-Commercial Procurement and the massive presence of SMEs in the European economy, we study how budget constraints affect R&D effort in sequential elimination tournaments. We show that introducing budget constraints leads to a non-monotonicity in unconstrained contestants’ effort. Furthermore, we show that if the budget asymmetry is not too large, unconstrained contestants exert higher effort than when faced with unconstrained contestants only.

求助全文

通过发布文献求助，成功后即可免费获取论文全文。去求助

来源期刊

Scandinavian Journal of Economics ECONOMICS-

CiteScore

2.50

自引率

0.00%

发文量

期刊介绍： The Scandinavian Journal of Economics is one of the oldest and most distinguished economics journals in the world. It publishes research of the highest scientific quality from an international array of contributors in all areas of economics and related fields. The journal features: - Articles and empirical studies on economic theory and policy - Book reviews - Comprehensive surveys of the contributions to economics of the recipients of the Alfred Nobel Memorial Prize in Economics - A special issue each year on key topics in economics