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Showing 1 to 1 of 1 for “"Weakest-link Contests"”.
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Three Essays on Economic Agents' Incentives and Decision Making
… in a particular type of contest, called "the weakest-link contest". Unlike a usual contest in which the winning probability of a group in a contest depends on the sum of the efforts of all the players in the group, the weakest-link contest follows a different rule: the winning probability of a …