Contest design and heterogeneity |
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| Authors: | Rudi Stracke |
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| Institution: | University of Munich (LMU), Schackstr. 4, D-80539 Munich, Germany |
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| Abstract: | I show that the effect of heterogeneity on contest investments depends on the structure of the competition, which implies that heterogeneity matters for optimal contest design. This insight helps to explain empirical evidence on the comparison of different contest structures. |
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| Keywords: | Contest design Structural variation Heterogeneity |
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