Contests With Participant-Dependent Prizes

6 Pages Posted: 5 Apr 2021

See all articles by Nicolas de Roos

Nicolas de Roos

University of Liverpool; University of Sydney

Alexander Matros

Moore School of Business

Vladimir Smirnov

The University of Sydney - School of Economics

Date Written: March 15, 2021

Abstract

We study contests in which the prize depends on the number of participants, and show that equilibrium effort can be increasing, decreasing, or non-monotonic in the number of participants. This contrasts with the standard result for contests with fixed prizes in which effort is decreasing in the number of participants.

Keywords: contests, participant-dependent prize

Suggested Citation

de Roos, Nicolas and Matros, Alexander and Smirnov, Vladimir, Contests With Participant-Dependent Prizes (March 15, 2021). Available at SSRN: https://ssrn.com/abstract=3804612 or http://dx.doi.org/10.2139/ssrn.3804612

Nicolas De Roos (Contact Author)

University of Liverpool ( email )

Chatham Street
Brownlow Hill
Liverpool, L69 7ZA
United Kingdom

University of Sydney ( email )

University of Sydney
Sydney NSW 2006
Australia

Alexander Matros

Moore School of Business ( email )

1014 Greene St
Columbia, SC 29208
United States

Vladimir Smirnov

The University of Sydney - School of Economics ( email )

Rm 370 Merewether (H04)
The University of Sydney
Sydney, NSW 2006 2008
Australia

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