The yardstick approach in a Tullock contest
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DOI: 10.1002/mde.4103
Abstract: A contest's organizational structure or mechanism is often determined by the organizer's goal. While most contest organizers are interested in maximizing the effort expended by the contestants, some are interested in maximizing social welfare. We… read more here.
Keywords: tullock contest; yardstick approach; approach tullock; contest ... See more keywords