{"id":"https://openalex.org/W1694007784","doi":"https://doi.org/10.1016/j.geb.2014.05.004","title":"Overbidding and overspreading in rent-seeking experiments: Cost structure and prize allocation rules","display_name":"Overbidding and overspreading in rent-seeking experiments: Cost structure and prize allocation rules","publication_year":2014,"publication_date":"2014-05-20","ids":{"openalex":"https://openalex.org/W1694007784","doi":"https://doi.org/10.1016/j.geb.2014.05.004","mag":"1694007784"},"language":"en","primary_location":{"is_oa":true,"landing_page_url":"https://doi.org/10.1016/j.geb.2014.05.004","pdf_url":null,"source":{"id":"https://openalex.org/S94044085","display_name":"Games and Economic Behavior","issn_l":"0899-8256","issn":["0899-8256","1090-2473"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true},"type":"article","type_crossref":"journal-article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"hybrid","oa_url":"https://doi.org/10.1016/j.geb.2014.05.004","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5002787909","display_name":"Subhasish M. Chowdhury","orcid":"https://orcid.org/0000-0002-8386-9144"},"institutions":[{"id":"https://openalex.org/I1118541","display_name":"University of East Anglia","ror":"https://ror.org/026k5mg93","country_code":"GB","type":"education","lineage":["https://openalex.org/I1118541"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"Subhasish M. Chowdhury","raw_affiliation_strings":["School of Economics, Centre for Behavioural and Experimental Social Science, and ESRC Centre for Competition Policy, University of East Anglia, Norwich NR4 7TJ, UK"],"affiliations":[{"raw_affiliation_string":"School of Economics, Centre for Behavioural and Experimental Social Science, and ESRC Centre for Competition Policy, University of East Anglia, Norwich NR4 7TJ, UK","institution_ids":["https://openalex.org/I1118541"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5019728388","display_name":"Roman M. Sheremeta","orcid":"https://orcid.org/0000-0001-8386-8494"},"institutions":[{"id":"https://openalex.org/I58956616","display_name":"Case Western Reserve University","ror":"https://ror.org/051fd9666","country_code":"US","type":"education","lineage":["https://openalex.org/I58956616"]},{"id":"https://openalex.org/I185071736","display_name":"Chapman University","ror":"https://ror.org/0452jzg20","country_code":"US","type":"education","lineage":["https://openalex.org/I185071736"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Roman M. Sheremeta","raw_affiliation_strings":["Department of Economics, Case Western Reserve University, 11119 Bellflower Road, Cleveland, OH 44106, USA","Economic Science Institute, Chapman University, One University Drive, Orange, CA 92866, USA"],"affiliations":[{"raw_affiliation_string":"Department of Economics, Case Western Reserve University, 11119 Bellflower Road, Cleveland, OH 44106, USA","institution_ids":["https://openalex.org/I58956616"]},{"raw_affiliation_string":"Economic Science Institute, Chapman University, One University Drive, Orange, CA 92866, USA","institution_ids":["https://openalex.org/I185071736"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5023959183","display_name":"Theodore L. Turocy","orcid":"https://orcid.org/0000-0002-2265-844X"},"institutions":[{"id":"https://openalex.org/I1118541","display_name":"University of East Anglia","ror":"https://ror.org/026k5mg93","country_code":"GB","type":"education","lineage":["https://openalex.org/I1118541"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"Theodore L. Turocy","raw_affiliation_strings":["School of Economics and Centre for Behavioural and Experimental Social Science, University of East Anglia , Norwich, NR4 7TJ, UK"],"affiliations":[{"raw_affiliation_string":"School of Economics and Centre for Behavioural and Experimental Social Science, University of East Anglia , Norwich, NR4 7TJ, UK","institution_ids":["https://openalex.org/I1118541"]}]}],"institution_assertions":[],"countries_distinct_count":2,"institutions_distinct_count":3,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":{"value":2540,"currency":"USD","value_usd":2540,"provenance":"doaj"},"apc_paid":{"value":2540,"currency":"USD","value_usd":2540,"provenance":"doaj"},"fwci":12.51,"has_fulltext":true,"fulltext_origin":"pdf","cited_by_count":93,"citation_normalized_percentile":{"value":0.99989,"is_in_top_1_percent":true,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":97,"max":98},"biblio":{"volume":"87","issue":null,"first_page":"224","last_page":"238"},"is_retracted":false,"is_paratext":false,"primary_topic":{"id":"https://openalex.org/T10646","display_name":"Experimental Behavioral Economics Studies","score":0.9994,"subfield":{"id":"https://openalex.org/subfields/3311","display_name":"Safety Research"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10646","display_name":"Experimental Behavioral Economics Studies","score":0.9994,"subfield":{"id":"https://openalex.org/subfields/3311","display_name":"Safety Research"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.9967,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10841","display_name":"Economic and Environmental Valuation","score":0.9946,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/rent-seeking","display_name":"Rent Seeking","score":0.6848067}],"concepts":[{"id":"https://openalex.org/C98847204","wikidata":"https://www.wikidata.org/wiki/Q1428800","display_name":"Rent-seeking","level":3,"score":0.6848067},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.66420114},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5793495},{"id":"https://openalex.org/C144237770","wikidata":"https://www.wikidata.org/wiki/Q747534","display_name":"Mathematical economics","level":1,"score":0.5015819},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.089389235},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.06251642},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"is_oa":true,"landing_page_url":"https://doi.org/10.1016/j.geb.2014.05.004","pdf_url":null,"source":{"id":"https://openalex.org/S94044085","display_name":"Games and Economic Behavior","issn_l":"0899-8256","issn":["0899-8256","1090-2473"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true},{"is_oa":true,"landing_page_url":"https://ueaeprints.uea.ac.uk/id/eprint/48462/1/overbidding.pdf","pdf_url":"https://ueaeprints.uea.ac.uk/id/eprint/48462/1/overbidding.pdf","source":{"id":"https://openalex.org/S4306400384","display_name":"UEA Digital Repository (University of East Anglia)","issn_l":null,"issn":null,"is_oa":true,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I1118541","host_organization_name":"University of East Anglia","host_organization_lineage":["https://openalex.org/I1118541"],"host_organization_lineage_names":["University of East Anglia"],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false},{"is_oa":true,"landing_page_url":"https://mpra.ub.uni-muenchen.de/55922/1/MPRA_paper_55922.pdf","pdf_url":"https://mpra.ub.uni-muenchen.de/55922/1/MPRA_paper_55922.pdf","source":{"id":"https://openalex.org/S4306400553","display_name":"Munich Personal RePEc Archive (Ludwig Maximilian University of Munich)","issn_l":null,"issn":null,"is_oa":true,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I8204097","host_organization_name":"Ludwig-Maximilians-Universit\u00e4t M\u00fcnchen","host_organization_lineage":["https://openalex.org/I8204097"],"host_organization_lineage_names":["Ludwig-Maximilians-Universit\u00e4t M\u00fcnchen"],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false}],"best_oa_location":{"is_oa":true,"landing_page_url":"https://doi.org/10.1016/j.geb.2014.05.004","pdf_url":null,"source":{"id":"https://openalex.org/S94044085","display_name":"Games and Economic Behavior","issn_l":"0899-8256","issn":["0899-8256","1090-2473"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true},"sustainable_development_goals":[],"grants":[{"funder":"https://openalex.org/F4320320274","funder_display_name":"University of East Anglia","award_id":null}],"datasets":[],"versions":[],"referenced_works_count":64,"referenced_works":["https://openalex.org/W1484146821","https://openalex.org/W1510672157","https://openalex.org/W1524165363","https://openalex.org/W1539297723","https://openalex.org/W1548463046","https://openalex.org/W1550825036","https://openalex.org/W1594183550","https://openalex.org/W1600492788","https://openalex.org/W1601298094","https://openalex.org/W170486074","https://openalex.org/W1901284597","https://openalex.org/W1940881895","https://openalex.org/W1966592092","https://openalex.org/W1969872310","https://openalex.org/W1978077574","https://openalex.org/W1981394704","https://openalex.org/W1988683757","https://openalex.org/W1989020845","https://openalex.org/W2015133278","https://openalex.org/W2024384983","https://openalex.org/W2031645848","https://openalex.org/W2041946752","https://openalex.org/W2042223112","https://openalex.org/W2048715339","https://openalex.org/W2050904362","https://openalex.org/W2053386485","https://openalex.org/W2056139070","https://openalex.org/W2068238869","https://openalex.org/W2072446426","https://openalex.org/W2074370248","https://openalex.org/W2078169121","https://openalex.org/W2092366807","https://openalex.org/W2109211380","https://openalex.org/W2115590029","https://openalex.org/W2133469585","https://openalex.org/W2138135674","https://openalex.org/W2143476932","https://openalex.org/W2149961401","https://openalex.org/W2151170464","https://openalex.org/W2257524789","https://openalex.org/W2264897026","https://openalex.org/W2293246162","https://openalex.org/W2319794630","https://openalex.org/W2329310016","https://openalex.org/W2564451135","https://openalex.org/W2593739417","https://openalex.org/W2994352920","https://openalex.org/W3011865677","https://openalex.org/W3016054986","https://openalex.org/W3021466695","https://openalex.org/W3021754561","https://openalex.org/W3023278994","https://openalex.org/W3023755502","https://openalex.org/W3023829253","https://openalex.org/W3121207991","https://openalex.org/W3122355500","https://openalex.org/W3123593429","https://openalex.org/W3124281238","https://openalex.org/W3125448124","https://openalex.org/W4249476816","https://openalex.org/W4252367103","https://openalex.org/W4285719527","https://openalex.org/W595026666","https://openalex.org/W62773063"],"related_works":["https://openalex.org/W615573698","https://openalex.org/W4391375266","https://openalex.org/W3185661798","https://openalex.org/W3125031312","https://openalex.org/W3121965248","https://openalex.org/W2808487854","https://openalex.org/W2056639217","https://openalex.org/W205074492","https://openalex.org/W1967248899","https://openalex.org/W1550825036"],"abstract_inverted_index":{"We":[0,48,80,112],"study":[1],"experimentally":[2],"the":[3,13,35,50,54,74,82,91,100,124],"effects":[4,51],"of":[5,15,42,52,64,69,97,118,123,145],"cost":[6,106],"structure":[7],"and":[8,26,29,39,63,94],"prize":[9,24,55],"allocation":[10],"rules":[11],"on":[12,136],"performance":[14],"rent-seeking":[16],"contests.":[17],"Most":[18],"previous":[19],"studies":[20],"use":[21],"a":[22,57,104,115,146],"lottery":[23,58],"rule":[25,84,102],"linear":[27,67],"cost,":[28],"find":[30,81],"both":[31],"overbidding":[32],"relative":[33],"to":[34,90],"Nash":[36,75,92],"equilibrium":[37,76],"prediction":[38,77],"significant":[40,116],"variation":[41,96],"efforts,":[43],"which":[44],"we":[45],"term":[46],"'overspreading.'":[47],"investigate":[49],"allocating":[53],"by":[56,121],"versus":[59,66],"sharing":[60],"it":[61],"proportionally,":[62],"convex":[65,105],"costs":[68],"effort,":[70],"while":[71],"holding":[72],"fixed":[73],"for":[78,133],"effort.":[79,98],"share":[83,101],"results":[85,128],"in":[86],"average":[87],"effort":[88],"closer":[89],"prediction,":[93],"lower":[95],"Combining":[99],"with":[103],"function":[107],"further":[108],"enhances":[109],"these":[110],"results.":[111],"can":[113],"explain":[114],"amount":[117],"non-equilibrium":[119],"behavior":[120],"features":[122,144],"experimental":[125],"design.":[126],"These":[127],"contribute":[129],"towards":[130],"design":[131],"guidelines":[132],"contests":[134],"based":[135],"behavioral":[137],"principles":[138],"that":[139],"take":[140],"into":[141],"account":[142],"implementation":[143],"contest.":[147]},"cited_by_api_url":"https://api.openalex.org/works?filter=cites:W1694007784","counts_by_year":[{"year":2024,"cited_by_count":5},{"year":2023,"cited_by_count":8},{"year":2022,"cited_by_count":12},{"year":2021,"cited_by_count":9},{"year":2020,"cited_by_count":8},{"year":2019,"cited_by_count":12},{"year":2018,"cited_by_count":12},{"year":2017,"cited_by_count":9},{"year":2016,"cited_by_count":4},{"year":2015,"cited_by_count":8},{"year":2014,"cited_by_count":3},{"year":2013,"cited_by_count":1},{"year":2012,"cited_by_count":2}],"updated_date":"2025-01-08T07:59:10.483895","created_date":"2016-06-24"}