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Contests With Multi-Tasking

18 Pages Posted: 31 Aug 2007  

Derek J. Clark

University of Tromso - Norges fiskerihøgskole

Kai A. Konrad

Max Planck Institute for Tax Law and Public Finance; Social Science Research Center Berlin (WZB); Centre for Economic Policy Research (CEPR); CESifo (Center for Economic Studies and Ifo Institute for Economic Research); IZA Institute of Labor Economics

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Abstract

The standard contest model in which participants compete in a single dimension is well understood and documented. Multi-dimension extensions are possible but are liable to increase the complexity of the contest structure, mitigating one of its main advantages: simplicity. In this paper we propose an extension in which competition ensues in several dimensions, and a competitor that wins a certain number of these is awarded a prize. The amount of information needed to run the contest is hence limited to the number of dimensions won by each player. We look at the design of this contest from the point of view of maximising effort in the contest (per dimension and totally), and show that there will be a tendency to run small contests with few dimensions. The standard Tullock model and its results are encompassed by our framework.

Suggested Citation

Clark, Derek J. and Konrad, Kai A., Contests With Multi-Tasking. Scandinavian Journal of Economics, Vol. 109, No. 2, pp. 303-319, June 2007. Available at SSRN: https://ssrn.com/abstract=1010802 or http://dx.doi.org/10.1111/j.1467-9442.2007.00495.x

Derek Clark (Contact Author)

University of Tromso - Norges fiskerihøgskole ( email )

Tromso, N-9037
Norway

HOME PAGE: http://tidley.nfh.uit.no/homepages/derekc/

Kai A. Konrad

Max Planck Institute for Tax Law and Public Finance ( email )

Marstallplatz 1
Munich, 80539
Germany

HOME PAGE: http://www.tax.mpg.de/en/pub/home.cfm

Social Science Research Center Berlin (WZB) ( email )

Reichpietschufer 50
Berlin, 10785
Germany

HOME PAGE: http://www.wzb.eu/mp/fff/people/kai_konrad.en.htm

Centre for Economic Policy Research (CEPR)

90-98 Goswell Road
London, EC1V 7RR
United Kingdom

CESifo (Center for Economic Studies and Ifo Institute for Economic Research)

Poschinger Str. 5
Munich, 81679
Germany

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, 53072
Germany

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