Multiple-Prize Contests the Optimal Allocation of Prizes

110 citations recorded by the source corpus.

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

Target Setting in Tournaments: Theory and Evidence from China (2018, unknown): “The case of multiple winners can be similarly analyzed following the models summarized in Sisak (2009), and the analysis is relegated to the Online Appendix.”
Incentives and Problem Uncertainty in Innovation Contests: An Empirical Analysis (2011, background): “…for homogeneous and risk-neutral individuals; multiple prizes are optimal when contestants have asymmetric ability and are risk averse (see Sisak 2009 for a review of the theoretical literature); and penalties are useful for motivating further effort by top-tier contestants (see, for…”
A survey of experimental research on contests, all-pay auctions and tournaments (2014, background): “3.3 Multiple prizes Theoretical research has shown that the optimal prize structure in contests depends on many factors (for a review see Sisak 2009).”