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经济学高级研究论坛第71期
时间:2017-03-23    点击数:

  讲座题目:Multi-dimensional All-pay Contests

  报告人:王哲伟(教授,山东大学)

  报告时间:2017年3月30日15:30—17:00

  报告地点:经管院B129

  主办单位:数理经济与数理金融系

  摘要:Multi-dimensional contests refer to situations where players compete by exerting efforts in multiple dimension, which is commonplace in the real world. In a two-player two-dimension all-pay contest model, we derive and compare the optimal grand multi-dimensional contest and the optimal separate single-dimensional contests. We find that the former is preferred/indifferent to the latter for the contest designer when her payoff function takes a multiplicative/additive form. Intuitively, when the payoff function takes a multiplicative form, effort level in one dimension has an externality effect to the effectiveness of effort making in another dimension. In a grand two-dimensional contest each player bids efforts in two dimensions cooperatively where the externality effect is taken into consideration.

  简介:2010年毕业于爱丁堡大学,获得经济学博士学位。现任职山东大学教授、齐鲁青年学者。研究领域包括竞赛理论、组织经济学、法律经济学、劳动经济学、合同理论等。已在Journal of Economic Behavior & Organization、Journal of Mathematical Economics、Social Choice and Welfare、Economic Inquiry等杂志发表多篇论文。