Centralized versus decentralized contests with risk-averse players
Year of publication: |
2020
|
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Authors: | Wang, Xiruo ; Wu, Zenan ; Zhu, Yuxuan |
Published in: |
Economics letters. - Amsterdam [u.a.] : Elsevier, ISSN 0165-1765, ZDB-ID 717210-2. - Vol. 186.2020, p. 1-6
|
Subject: | Risk aversion | Tullock contests | Centralization | Decentralization | Multiple prizes | Risikoaversion | Dezentralisierung | Rent-Seeking | Rent seeking | Spieltheorie | Game theory | Wettbewerb | Competition | Auktionstheorie | Auction theory | Zentralisierung | Nichtkooperatives Spiel | Noncooperative game |
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