How do large-scale participants in parimutuel wagering events affect the house and ordinary bettors? A standard narrative suggests that they may temporarily benefit the former at the expense of the latter. To approach this problem, we begin by developing a model based on the theory of large...

We consider a large class of 2-contestant Colonel Blotto games, for which the budget and valuation are both asymmetric between players and the contest success functions are in Tullock form with battle-specific discriminatory power in (0, 1] and battle-and-contestant-specific lobbying...