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Top Guns May Not Fire: Best-Shot Group Contests with Group-Specific Public Good Prizes

机译:顶级枪支可能不会开火:最佳射击组比赛与特定群体的公益奖

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摘要

We analyze a group contest in which n groups compete to win a group-specific public good prize. Group sizes can be different and any player may value the prize differently within and across groups. Players exert costly efforts simultaneously and independently. Only the highest effort (the best-shot) within each group represents the group effort that determines the winning group. We fully characterize the set of equilibria and show that in any equilibrium at most one player in each group exerts strictly positive effort. There always exists an equilibrium in which only the highest value player in each active group exerts strictly positive effort. However, perverse equilibria may exist in which the highest value players completely free-ride on others by exerting no effort. We provide conditions under which the set of equilibria can be restricted and discuss contest design implications.
机译:我们分析了一个团体竞赛,其中n个团体竞争赢得特定团体的公益奖。小组人数可以不同,任何玩家在小组内和小组之间对奖品的评价都不同。玩家同时且独立地付出昂贵的努力。每个小组中只有最高的努力(最好的成绩)代表确定获胜小组的小组努力。我们充分描述了均衡集的特征,并表明在任何均衡中,每个组中最多只有一个参与者在发挥积极的作用。始终存在一种平衡,在这种平衡中,只有每个活动组中的最高价值参与者都进行严格的积极努力。但是,可能存在不公平的平衡,其中最高价值的玩家不费吹灰之力就完全可以与他人搭便车。我们提供了可以限制一组平衡的条件,并讨论了比赛设计的含义。

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