Categorial redistribution in winner-take-all markets:
This paper constructs a simple model of pair-wise tournament competition to investigate categorical redistribution in winner-take-all markets. We consider two forms of redistribution: category-sighted, where employers are allowed to use categorical information in pursuit of their redistributive goal...
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| Main Authors: | , |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Cambridge, Mass.
National Bureau of Economic Research
2003
|
| Series: | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series
10104 |
| Subjects: | |
| Online Access: | Volltext |
| Summary: | This paper constructs a simple model of pair-wise tournament competition to investigate categorical redistribution in winner-take-all markets. We consider two forms of redistribution: category-sighted, where employers are allowed to use categorical information in pursuit of their redistributive goals; and category-blind, where they are not. It is shown that the equilibrium category-sighted redistribution scheme involves a constant handicap given to agents in the disadvantaged category. Equilibrium category-blind redistribution creates a unique semi-separating equilibrium in which a large pool of contestants exerts zero effort, and this pool is increasing in the aggressiveness of the redistribution goal. |
| Physical Description: | 26 S. graph. Darst. |
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| 520 | 3 | |a This paper constructs a simple model of pair-wise tournament competition to investigate categorical redistribution in winner-take-all markets. We consider two forms of redistribution: category-sighted, where employers are allowed to use categorical information in pursuit of their redistributive goals; and category-blind, where they are not. It is shown that the equilibrium category-sighted redistribution scheme involves a constant handicap given to agents in the disadvantaged category. Equilibrium category-blind redistribution creates a unique semi-separating equilibrium in which a large pool of contestants exerts zero effort, and this pool is increasing in the aggressiveness of the redistribution goal. | |
| 650 | 4 | |a Marktstruktur / Wettbewerb / Einkommensumverteilung / Theorie | |
| 700 | 1 | |a Loury, Glenn C. |d 1948- |e Verfasser |0 (DE-588)12897799X |4 aut | |
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| index_date | 2024-07-02T22:41:27Z |
| indexdate | 2025-03-24T09:00:46Z |
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| spelling | Fryer, Roland G. Jr. 1977- Verfasser (DE-588)128736747 aut Categorial redistribution in winner-take-all markets Roland G. Fryer, Jr. ; Glenn C. Loury Cambridge, Mass. National Bureau of Economic Research 2003 26 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 10104 This paper constructs a simple model of pair-wise tournament competition to investigate categorical redistribution in winner-take-all markets. We consider two forms of redistribution: category-sighted, where employers are allowed to use categorical information in pursuit of their redistributive goals; and category-blind, where they are not. It is shown that the equilibrium category-sighted redistribution scheme involves a constant handicap given to agents in the disadvantaged category. Equilibrium category-blind redistribution creates a unique semi-separating equilibrium in which a large pool of contestants exerts zero effort, and this pool is increasing in the aggressiveness of the redistribution goal. Marktstruktur / Wettbewerb / Einkommensumverteilung / Theorie Loury, Glenn C. 1948- Verfasser (DE-588)12897799X aut Erscheint auch als Online-Ausgabe National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 10104 (DE-604)BV002801238 10104 http://papers.nber.org/papers/w10104.pdf kostenfrei Volltext |
| spellingShingle | Fryer, Roland G. Jr. 1977- Loury, Glenn C. 1948- Categorial redistribution in winner-take-all markets National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series Marktstruktur / Wettbewerb / Einkommensumverteilung / Theorie |
| title | Categorial redistribution in winner-take-all markets |
| title_auth | Categorial redistribution in winner-take-all markets |
| title_exact_search | Categorial redistribution in winner-take-all markets |
| title_exact_search_txtP | Categorial redistribution in winner-take-all markets |
| title_full | Categorial redistribution in winner-take-all markets Roland G. Fryer, Jr. ; Glenn C. Loury |
| title_fullStr | Categorial redistribution in winner-take-all markets Roland G. Fryer, Jr. ; Glenn C. Loury |
| title_full_unstemmed | Categorial redistribution in winner-take-all markets Roland G. Fryer, Jr. ; Glenn C. Loury |
| title_short | Categorial redistribution in winner-take-all markets |
| title_sort | categorial redistribution in winner take all markets |
| topic | Marktstruktur / Wettbewerb / Einkommensumverteilung / Theorie |
| topic_facet | Marktstruktur / Wettbewerb / Einkommensumverteilung / Theorie |
| url | http://papers.nber.org/papers/w10104.pdf |
| volume_link | (DE-604)BV002801238 |
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