Ítem
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Entry in contests with incomplete information: Theory and experiments
| dc.creator | Aycinena Abascal, Diego | spa |
| dc.creator | Rentschler L. | spa |
| dc.date.accessioned | 2020-05-26T00:07:42Z | |
| dc.date.available | 2020-05-26T00:07:42Z | |
| dc.date.created | 2019 | spa |
| dc.description.abstract | This paper studies entry decisions in contests with private values. Potential contestants observe their value and the common opportunity cost of entry, and make entry decisions simultaneously. Theory predicts that whether or not contestants are informed of the number of entrants prior to choosing their expenditures has no effect on entry or aggregate expenditures. We test these assertions in our experiments. We find substantial over-entry in both information structures. However, entry is higher when contestants are informed. Since expenditures do not, on average, differ across information structures, aggregate expenditure is also higher when contestants are informed. Contestants earn on average less than the opportunity cost of entry. © 2019 | eng |
| dc.format.mimetype | application/pdf | |
| dc.identifier.doi | https://doi.org/10.1016/j.ejpoleco.2019.07.001 | |
| dc.identifier.issn | 1762680 | |
| dc.identifier.uri | https://repository.urosario.edu.co/handle/10336/24023 | |
| dc.language.iso | eng | spa |
| dc.publisher | Elsevier B.V. | spa |
| dc.relation.citationTitle | European Journal of Political Economy | |
| dc.relation.citationVolume | Vol. 60 | |
| dc.relation.ispartof | European Journal of Political Economy, ISSN:1762680, Vol.60,(2019) | spa |
| dc.relation.uri | https://www.scopus.com/inward/record.uri?eid=2-s2.0-85069601383&doi=10.1016%2fj.ejpoleco.2019.07.001&partnerID=40&md5=0535ea64802a5ec8f74c4b8bde476082 | spa |
| dc.rights.accesRights | info:eu-repo/semantics/openAccess | |
| dc.rights.acceso | Abierto (Texto Completo) | spa |
| dc.source.instname | instname:Universidad del Rosario | spa |
| dc.source.reponame | reponame:Repositorio Institucional EdocUR | spa |
| dc.subject.keyword | Contests | spa |
| dc.subject.keyword | Endogenous entry | spa |
| dc.subject.keyword | Experiments | spa |
| dc.title | Entry in contests with incomplete information: Theory and experiments | spa |
| dc.type | article | eng |
| dc.type.hasVersion | info:eu-repo/semantics/publishedVersion | |
| dc.type.spa | Artículo | spa |
