Azmat, Ghazala; Möller, Marc (2018). The Distribution of Talent Across Contests. The economic journal, 128(609), pp. 471-509. Wiley 10.1111/ecoj.12426
|
Text
Talent10rerevised01.pdf - Accepted Version Available under License Publisher holds Copyright. Download (366kB) | Preview |
|
![[img]](https://boris.unibe.ch/style/images/fileicons/text.png) |
Text
ej0471.pdf - Published Version Restricted to registered users only Available under License Publisher holds Copyright. Download (401kB) |
Do the contests with the largest prizes attract the most-able contestants? To what extent do contestants avoid competition? In this paper, we show, theoretically and empirically, that the distribution of abilities plays a crucial role in determining contest choice. Complete sorting exists only when the proportion of high-ability contestants is sufficiently small. As this proportion increases, high-ability contestants shy away from competition and sorting decreases, such that, reverse sorting becomes a possibility. We test our theoretical predictions with a large panel data set containing contest choice over twenty years. We use exogenous variation in the participation of highly-able competitors to provide empirical evidence for the relationship among prizes, competition, and sorting.
Item Type: |
Journal Article (Original Article) |
|---|---|
Division/Institute: |
03 Faculty of Business, Economics and Social Sciences > Department of Economics |
UniBE Contributor: |
Möller, Marc |
Subjects: |
300 Social sciences, sociology & anthropology > 330 Economics |
ISSN: |
0013-0133 |
Publisher: |
Wiley |
Language: |
English |
Submitter: |
Marc Möller |
Date Deposited: |
27 Dec 2018 14:29 |
Last Modified: |
05 Dec 2022 15:22 |
Publisher DOI: |
10.1111/ecoj.12426 |
BORIS DOI: |
10.7892/boris.122195 |
URI: |
https://boris.unibe.ch/id/eprint/122195 |
Actions (login required)
 |
Edit item |