Working Papers

1. On the Paradox of Mediocracy, with Ming Li and Xue Qiao, under revision.

2. Multi-prize Contests with Risk-averse Players, with Xiruo Wang and Zenan Wu, accepted subject to minor revision at Games and Economic Behavior.

3. Expectation-based Loss Aversion in Contests, with Zenan Wu, Youji Lyu, and Yuanjie Zhang, under review.

4. On the Optimal Design of All-Pay Auctions, with Zenan Wu, under review.

5. Confidence Management in Tournaments, with Shanglyu Deng, Hanming Fang, and Zenan Wu, under review.

6. On Equilibrium Existence in Generalized Multi-Prize Lottery Contests, with Zenan Wu and Yuxuan Zhu, under revision.

7. Optimal Bid Caps in Noisy Contests, with Zenan Wu and Yuxuan Zhu.

8. Multi-Prize Contests with Expectation-Based Loss-Averse Players, with Xiruo Wang and Yuxuan Zhu, under review.