Tsetlin, Ilia; Gaba, Anil; Winkler, Robert L. - In: Journal of Risk and Uncertainty 29 (2004) 2, pp. 143-158
Variability can be an important strategic variable in a contest. We study optimal strategies involving choice of variability in contests with fixed and probabilistic targets, one-round and multiround contests, contests with and without handicaps, and situations where one contestant can modify...