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16:30 | Micro Theory Research Seminar
Prof. Wojciech Olszewski: “Large Contests”
Northwestern University, Evanston, Illinois, USA
Authors: Wojciech Olszewski and Ron Siegel
Abstract: We consider contests with many, possibly heterogeneous, prizes and players that include many existing contest models as special cases. We show that the outcome of such contests is approximated by an appropriately defined set of incentive-compatible individually-rational single-agent mechanisms.
Full Text: “Large Contests”