All-pay contest : an experimental investigation

• Main Authors: Hua, Zhunyou, Yang, Siqiang, Lin, Feifei
• Other Authors: Yohanes Eko Riyanto
• Format: Final Year Project
• Language: English
• Published: 2013
• Subjects: DRNTU::Social sciences
• Online Access: http://hdl.handle.net/10356/52001
• Institution: Nanyang Technological University

This paper experimentally investigates a special class of contests, “all-pay contests” (Siegel 2009), where economic agents are asymmetrically positioned and compete by making irreversible investments. We compare four treatments in a between-subject design, with a simple parameterization of Siegel’s...