Revenue in contests with many participants

We show that in a contest with a single prize, the expected effort made by the k$k$th highest valuation participant bounds the sum of the expected efforts made by all of the participants with valuations less than the k$k$th highest valuations. We also show that in the limit case of a contest with m$m$ prizes, the expected effort made by the k$k$th highest valuation participant when the bidders are risk-neutral is greater than the expected effort in the risk-averse case.