Showing 1 - 10 of 97
Persistent link: https://www.econbiz.de/10000930621
Persistent link: https://www.econbiz.de/10000930623
This paper studies the incentives for interim voluntary disclosure of verifiable information in probabilistic all-pay contests. Provided that the contest is uniformly asymmetric, full revelation is the unique perfect Bayesian equilibrium outcome. This is so because the weakest type of the...
Persistent link: https://www.econbiz.de/10012420693
Persistent link: https://www.econbiz.de/10000619990
Persistent link: https://www.econbiz.de/10000962201
Persistent link: https://www.econbiz.de/10003308843
Persistent link: https://www.econbiz.de/10003308846
The axiomatic route to the foundation of contest success functions (CSF) has proved to be both useful and prolific. The standard approach in the literature is based on the decision-theoretic notion that choice probabilities should be independent of irrelevant alternatives (Skaperdas, Economic...
Persistent link: https://www.econbiz.de/10011279745
Persistent link: https://www.econbiz.de/10011374750
Persistent link: https://www.econbiz.de/10011339322