The Distribution of Talent Across Contests

Dados Bibliográficos

ID9716623
AutoresGhazala Azmat (0000-0001-9450-6958, Queen Mary University of London), Marc Möller (0000-0001-5893-2335, University of Bern)
Ano2018
Volume128
Fascículo609
Páginas471-509
Data de publicação2018-03-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoThe Economic Journal (JOURNAL)
Identificadores do periódicoISSN: 0013-0133 • E-ISSN: 1468-0297
EditoraOxford University Press (OUP) (PUBLISHER)
DOI10.1111/ecoj.12426
OpenAlexW1588316052
IdiomaEN
Citações recebidas5
Referências citadas45

Do the contests with the largest prizes attract the most able contestants? To what extent do contestants avoid competition? We show that the distribution of abilities is crucial in determining contest choice. Complete sorting exists only when the proportion of high‐ability contestants is small. As this proportion increases, high‐ability contestants shy away from competition and sorting decreases, making reverse sorting a possibility. We test our theoretical predictions with a large panel data set containing contest choice over 20 years. We use exogenous variation in the participation of highly able competitors to provide evidence for the relationship among prizes, competition and sorting

Biology · Competition (biology · Competitor analysis · CONTEST · Distribution (mathematics · Econometrics · Economics · Management · Microeconomics · Panel data · Political science · Scramble competition · Set (abstract data type · Sorting · Variation (astronomy · Computer Science · Decision-Making and Behavioral Economics · Experimental Behavioral Economics Studies · Mathematics · Sports Analytics and Performance