不完全信息下的经济竞赛与最优竞赛设计

Economic Contests with Incomplete Information and Optimal Contest Design

Management Science · 1988
被引 9
人大 A+FT50UTD24ABS 4*

中文导读

分析参赛者拥有私人能力信息且能力可能相关时的竞赛,发现低能力者可能选择更高努力并获胜,竞赛设计者有时应主动诱导这种结果。

Abstract

This paper analyzes contests where contestants have private information about their abilities, and these abilities may be correlated. It differs from previous work chiefly in that it allows for such imperfect correlation, and that it restricts attention to a discrete output space. The latter aspect enables a complete characterization of possible equilibria. The analysis draws special attention to the possibility that equilibrium may involve lower ability contestants choosing higher effort and winning the contest. It is demonstrated that it may be optimal for the contest designer to induce such equilibria, and some conditions for this are derived. Different possible objectives of the contest designer are also discussed.

不完全信息竞赛最优竞赛设计能力相关性离散产出空间