Baik, K.H., Chowdhury, S.M. and Ramalingam, A. (2021) Group size and matching protocol in contests. Canadian Journal of Economics/Revue canadienne d'économique, 54 (4). pp. 1716-1736. ISSN 0008-4085
Abstract
We investigate the effects of group size and matching protocol in Tullock contest experiments. In a 2 × 2 factorial design, we implement partner and random stranger-matching protocols in contests between two and between three players. Group size does not affect overall absolute bid levels, but the rate of overbidding is lower in two-player groups across matching protocols. Matching protocol does not affect bidding behaviour for three-player groups, but a partner matching reduces both the level and dispersion of bids in two-player groups. These results show the joint effect of group size and matching protocol and suggest that identifiability in repeated play facilitates tacit collusion.
Metadata
Item Type: | Article |
---|---|
Authors/Creators: |
|
Copyright, Publisher and Additional Information: | © 2022 Canadian Economics Association. This is an author-produced version of a paper subsequently published in Canadian Journal of Economics. Uploaded in accordance with the publisher's self-archiving policy. |
Dates: |
|
Institution: | The University of Sheffield |
Academic Units: | The University of Sheffield > Faculty of Social Sciences (Sheffield) > Department of Economics (Sheffield) |
Depositing User: | Symplectic Sheffield |
Date Deposited: | 14 Oct 2022 15:39 |
Last Modified: | 19 Jan 2024 01:13 |
Status: | Published |
Publisher: | Wiley |
Refereed: | Yes |
Identification Number: | 10.1111/caje.12557 |
Related URLs: | |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:192123 |