Contests to Incentivize a Target Group
Abstract
We study how to incentivize agents in a target group to produce a higher output in the context of incomplete information, by means of rank-order allocation contests. We describe a symmetric Bayes--Nash equilibrium for contests that have two types of rank-based prizes: prizes that are accessible only to the agents in the target group; prizes that are accessible to everyone. We also specialize this equilibrium characterization to two important sub-cases: (i) contests that do not discriminate while awarding the prizes, i.e., only have prizes that are accessible to everyone; (ii) contests that have prize quotas for the groups, and each group can compete only for prizes in their share. For these models, we also study the properties of the contest that maximizes the expected total output by the agents in the target group.
Keywords
Cite
@article{arxiv.2204.14051,
title = {Contests to Incentivize a Target Group},
author = {Edith Elkind and Abheek Ghosh and Paul Goldberg},
journal= {arXiv preprint arXiv:2204.14051},
year = {2022}
}
Comments
IJCAI-2022