Optimal Sequential Contests
نویسندگان
چکیده
منابع مشابه
Optimal crowdsourcing contests
We study the design and approximation of optimal crowdsourcing contests. Crowdsourcing contests can be modeled as all-pay auctions because entrants must exert effort up-front to enter. Unlike all-pay auctions where a usual design objective would be to maximize revenue, in crowdsourcing contests, the principal only benefits from the submission with the highest quality. We give a theory for optim...
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This paper provides a game theoretic model of a crowdsourcing contest. Special attention is given to the asymptotic behavior of the contest outcome. We show that all significant outcomes of crowdsourcing contests will be determined by contestants in a small neighborhood (core) of the most efficient contestant type; in particular, the asymptotic structure of the crowdsourcing contests is distrib...
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A consumer contest is a sales promotion technique that requires participants to apply certain skills as they compete for prizes or awards. This article is the first to employ a game-theoretical approach to investigate consumer contest design issues, including prize structure, segmentation, and handicapping. First, the authors find that both skill distribution and the number of contestants play ...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2018
ISSN: 1556-5068
DOI: 10.2139/ssrn.3119014