García Martínez, José A. - In: SERIEs : Journal of the Spanish Economic Association 9 (2018) 3, pp. 305-332
This paper analyzes the effect of competition in a dynamic contest in which agents of two types (A and B) differ in their expected performances; environments where type A outperforms type B are more frequent than those where B outperforms A. In each period, the population of agents is randomly...