Centralized vs Decentralized Contests

8 Pages Posted: 13 Jul 2015 Last revised: 7 Sep 2015

See all articles by Carmen Bevia

Carmen Bevia

Universidad de Alicante

Luis C. Corchón

Universidad Carlos III de Madrid - Department of Economics

Date Written: July 12, 2015

Abstract

We compare two contest. Decentralized in which there are several independent contests with non overlapping contestants and Centralized in which all contestants fight for a unique prize which is the sum of all prizes in the small contests. We study the relationship between payoffs and efforts between these two contests.

Keywords: Contests, Design, Effort

JEL Classification: C72; D72; D74

Suggested Citation

Bevia, Carmen and Corchón Diaz, Luis Carlos, Centralized vs Decentralized Contests (July 12, 2015). Available at SSRN: https://ssrn.com/abstract=2629878 or http://dx.doi.org/10.2139/ssrn.2629878

Carmen Bevia

Universidad de Alicante ( email )

Campus de San Vicente, sn
Alicante, 03690
Spain

Luis Carlos Corchón Diaz (Contact Author)

Universidad Carlos III de Madrid - Department of Economics ( email )

Calle Madrid 126
Getafe, 28903
Spain

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