منابع مشابه
Generalized Contest Success Functions
The key element of models of contest is the Contest Success Function (CSF) which specifies the winning probabilities of agents. The existing axiomatizations of CSFs assume that contestants can make only one type of investment. This paper generalizes these axiomatizations to the case where each agent can have multiple types of investments. This allows us to provide a unified framework to extend ...
متن کاملParametric Contest Success Functions
The key element of models of contest is the Contest Success Function (CSF) which specifies the winning probabilities of agents. We provide an axiomatization of two parametric families of CSF’s. In the first, the winning probability of each agent depends on the investments and a vector of parameters, where each parameter is specific to one of the contestants. In the second, the winning probabili...
متن کاملRelative difference contest success function
In this paper, we present a contest success function (CSF), which is homogeneous of degree zero and in which the probability of winning the prize depends on the relative difference of efforts. In a simultaneous game with two players, we present a necessary and sufficient condition for the existence of a pure strategy Nash equilibrium. This equilibrium is unique and interior. This condition does...
متن کاملA contest success function for networks
This paper models conflict within a network of friendships and enmities between players. We assume that each player is either in a friendly or in an antagonistic relation with every other player and players compete for a fixed prize by exerting costly efforts. We axiomatically characterize a success function which determines the share of each player given the efforts and the network of relation...
متن کاملA contest success function for rankings
A contest is a game where several players compete for winning prizes by expending costly efforts. A contest success function determines the probability of winning or losing the contest as a function of these efforts. We assume that the outcome of a contest is an ordered partition of the set of players (a ranking) and a contest success function assigns a probability to each possible outcome. We ...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2007
ISSN: 1556-5068
DOI: 10.2139/ssrn.1029629