Lang, Matthias; Seel, Christian; Strack, Philipp - In: Journal of Mathematical Economics 52 (2014) C, pp. 134-142
We consider a two-player contest model in which breakthroughs arrive according to privately observed Poisson processes. Each player’s process continues as long as she exerts costly effort. The player who collects the most breakthroughs until a predetermined deadline wins a prize.