Chowdhury, Subhasish; Sheremeta, Roman - In: Theory and Decision 78 (2015) 4, pp. 587-601
Using a two-player Tullock-type contest, we show that intuitively and structurally different contests can be strategically equivalent. Strategically equivalent contests generate the same best response functions and, as a result, the same equilibrium efforts. However, strategically equivalent...