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I characterize the optimal accuracy level r of an unbiased Tullock contest between two players with heterogeneous prize … the winner's expected effort, she will choose a contest with a pure-strategy equilibrium, and the optimal accuracy level r …
Persistent link: https://www.econbiz.de/10013175970
I characterize the optimal accuracy level r of an unbiased Tullock contest between two players with heterogeneous prize … winner's expected effort, she will choose a contest with a pure-strategy equilibrium, and the optimal accuracy level r<2 …
Persistent link: https://www.econbiz.de/10013200180
I characterize the optimal accuracy level r of an unbiased Tullock contest between two players with heterogeneous prize … the winner’s expected effort, she will choose a contest with a pure-strategy equilibrium, and the optimal accuracy level r …
Persistent link: https://www.econbiz.de/10013172104
I characterize the optimal accuracy level r of an unbiased Tullock contest between two players with heterogeneous prize … winner's expected effort, she will choose a contest with a pure-strategy equilibrium, and the optimal accuracy level r<2 …
Persistent link: https://www.econbiz.de/10013172435
I characterize the optimal accuracy level r of an unbiased Tullock contest between two players with heterogeneous prize … the winner’s expected effort, she will choose a contest with a pure-strategy equilibrium, and the optimal accuracy level r …
Persistent link: https://www.econbiz.de/10012886568
contest technology with higher accuracy. …
Persistent link: https://www.econbiz.de/10011663201
contest technology with higher accuracy. …
Persistent link: https://www.econbiz.de/10011617539
I examine sequential round-robin tournaments with three and four symmetric players. Each player is matched once with each other player. If the matches are organized as Tullock contests (all-pay auctions), the tournament will be almost fair (highly discriminatory): subject to the position of...
Persistent link: https://www.econbiz.de/10011637731
I examine sequential round-robin tournaments with three and four symmetric players. Each player is matched once with each other player. If the matches are organized as Tullock contests (all-pay auctions), the tournament will be almost fair (highly discriminatory): subject to the position of...
Persistent link: https://www.econbiz.de/10011657142
relative size of the second prize influences the extent and the direction of discrimination as well as the intensity of three …
Persistent link: https://www.econbiz.de/10011744991