Showing 41 - 50 of 63,759
Persistent link: https://www.econbiz.de/10001389988
Persistent link: https://www.econbiz.de/10001394733
Persistent link: https://www.econbiz.de/10001376272
Persistent link: https://www.econbiz.de/10010497147
Considered are imperfectly discriminating contests in which players may possess private information about the primitives of the game, such as the contest technology, valuations of the prize, cost functions, and budget constraints. We find general conditions under which a given contest of...
Persistent link: https://www.econbiz.de/10012936799
We study the design of all-pay contests when the organizer's objective is to maximize the expected winner's effort and contestants have private information about their valuations for the prize. We identify sufficient conditions for every optimal contest to involve differential treatment of ex...
Persistent link: https://www.econbiz.de/10013222456
Persistent link: https://www.econbiz.de/10013192536
Persistent link: https://www.econbiz.de/10012695237
Szidarovszky and Okuguchi (Games and Economic Behavior, 1997) have provided useful conditions for the existence of a unique pure-strategy Nash equilibrium in rent-seeking games of complete information. In this paper, we generalize their results to contests with incomplete informa tion. Two...
Persistent link: https://www.econbiz.de/10010208517
Persistent link: https://www.econbiz.de/10012321234