Risk and risk aversion effects in contests with contingent payments
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DOI: 10.1007/s11166-018-9283-5
Abstract: Contests by their very nature involve risk, winning and losing are both possible, and the gain from winning can itself be uncertain. The participants in a contest use resources to increase their chance of winning.… read more here.
Keywords: risk; risk aversion; risk risk; effects contests ... See more keywords