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In pure population problems, a single resource is to be distributed equally among theagents in a society, and the social planner chooses population size(s) and per-capita consumption(s) for each resource constraint and set of feasible population sizes within thedomain of the solution...
Persistent link: https://www.econbiz.de/10005869369
The paper proves that in two-player logit form symmetric contestswith concave success function, commitment to a particular strategydoes not increase a player's payo, while in contests with more thantwo players it does. The paper also provides a contest-like game inwhich commitment does not...
Persistent link: https://www.econbiz.de/10005868568