Gupta, Dhritiman (2021) Prize sharing rules in collective contests: when do social norms matter. Review of Economic Design, 27 (1). pp. 221-224. ISSN 14344742
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Abstract
We consider collective contests with group-specific minimum shares, which we call group-specific “norms” of competitiveness. The minimum shares bound the incentive schemes available to a group. We fully characterize how group sizes interact with such norms. We show that the smaller group is generally “aggressive,” adopting the norm sharing rule, which helps generate maximal intra-group competition. On the other hand, the larger group is often “docile,” exceeding the norm sharing rule, which softens intra-group competition. We also examine how group welfare relates to group sizes and the norm sharing rules. We identify when the larger group fares worse in the contest, a phenomenon known as Group Size Paradox in the literature.
Item Type: | Article |
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Keywords: | Rent Seeking | Collective Action | Prize Sharing Rules |
Subjects: | Social Sciences and humanities > Social Sciences > Social Sciences (General) |
JGU School/Centre: | Jindal School of Government and Public Policy |
Depositing User: | Amees Mohammad |
Date Deposited: | 04 Feb 2022 09:27 |
Last Modified: | 24 Feb 2023 10:19 |
Official URL: | https://doi.org/10.1007/s10058-021-00273-4 |
Additional Information: | Correction: In equation 2, Ski should have read ski. In the sentence beginning “It is to be noted that in this sharing” in this article, K should have read k and I should have read i In the section lemma 2, the beginning text should start with “for” The original article has been corrected. |
URI: | https://pure.jgu.edu.in/id/eprint/1017 |
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