Working Papers

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

2. Multi-prize Contests with Risk-averse Players, with Xiruo Wang and Zenan Wu

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

4. Auctions versus Lottery All-Pay Contests: A General Dominance Theorem, with Zenan Wu

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

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

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