时间：2021年4月27日10:00-11:30

地点：经管楼312室

主讲人：卢远瞩教授，中山大学

题目：Winner-leave versus loser-leave in multi-stage nested Tullock contests

摘要: In this paper, we compare two procedures for allocating a sequence of fixed prizes in multi-stage nested Tullock contests, in which the number of prizes equals the number of contestants. In a winner-leave (loser-leave) procedure, in each stage, the prizes of the stage are allocated to winners (losers) according to their ranks, and prizes in early stages are higher (lower) than those in later stages. Players who obtain prizes leave the contest and the others proceed to the next stage of competition. For both procedures, it is effort-maximizing to allocate one prize in each stage. Provided that the positive prizes in the sequence are homogeneous, the optimally designed loser-leave procedure generates higher total effort if and only if the number of positive prizes is lower than a threshold. If the positive prizes in the sequence are heterogeneous, then the loser-leave procedure may generate higher total effort, even if the number of positive prizes in the sequence is in the high range.

个人简介：卢远瞩，中山大学国际金融学院教授（百人计划中青年杰出人才），博士生导师。北京大学理学学士，经济学学士，经济学硕士，新加坡国立大学经济学博士。研究方向为产业组织理论和博弈论应用。2011年入选教育部新世纪优秀人才支持计划，2014年获得霍英东教育基金会第14届高等院校青年教师奖三等奖，2017年获得北京市优秀教师称号。在国内外经济学期刊发表论文30篇，其中20篇被SSCI收录，论文见于International Journal of Industrial Organization, Oxford Economic Papers等国际著名经济学期刊和《经济学（季刊）》等国内经济学权威期刊。