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Experimental Economics
Article . 2023 . Peer-reviewed
License: Springer Nature TDM
Data sources: Crossref
SSRN Electronic Journal
Article . 2016 . Peer-reviewed
Data sources: Crossref
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Mis-Judging Merit: The Effects of Adjudication Errors in Contests

Authors: Gamba Astrid; Stanca Luca;

Mis-Judging Merit: The Effects of Adjudication Errors in Contests

Abstract

AbstractWithin contests, adjudication errors imply at the same time the exclusion of a meritorious candidate and the inclusion of a non-meritorious one. We study theoretically how adjudication errors affect bids in all-pay auctions, by disentangling the respective effects of exclusion and inclusion errors, and showing how they interact with the framing of incentives (prize or penalty) under different assumptions on preferences. We test our theoretical predictions with an experiment where we manipulate the presence of exclusion errors, inclusion errors, and the framing of incentives. The experimental evidence indicates that errors of either exclusion or inclusion significantly decrease bids in all-pay auctions relative to a setting without errors, interacting negatively, with no significant difference in the size of their effects. Bid levels are significantly higher in a penalty framing relative to a prize framing, both in the absence of errors and in the presence of adjudication errors.

Country
Italy
Keywords

Adjudication errors; All-pay auction; Contests; Experiment;

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
1
Average
Average
Average
bronze