Arbeitspapier
Asymmetric Discouragement in Asymmetric Contests
We provide new experimental evidence which suggests an asymmetric discouragement effect in lottery contests with heterogeneous abilities. Compared to a symmetric contest, subjects invest less effort when facing a stronger opponent, but they invest the same when facing a weaker opponent. Our results can be explained by a simple model of disappointment aversion.
- Language
-
Englisch
- Bibliographic citation
-
Series: CESifo Working Paper ; No. 6108
- Classification
-
Wirtschaft
Noncooperative Games
Design of Experiments: Laboratory, Group Behavior
Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
- Subject
-
asymmetric contest
discouragement effect
disappointment aversion
laboratory experiment
- Event
-
Geistige Schöpfung
- (who)
-
March, Christoph
Sahm, Marco
- Event
-
Veröffentlichung
- (who)
-
Center for Economic Studies and ifo Institute (CESifo)
- (where)
-
Munich
- (when)
-
2016
- Handle
- Last update
-
10.03.2025, 11:41 AM CET
Data provider
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- March, Christoph
- Sahm, Marco
- Center for Economic Studies and ifo Institute (CESifo)
Time of origin
- 2016
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