Commitment in Symmetric Contests

The paper proves that in two-player logit form symmetric contestswith concave success function, commitment to a particular strategydoes not increase a player's payo, while in contests with more thantwo players it does. The paper also provides a contest-like game inwhich commitment does not increase a player's payo for any numberof players...

MoreLess

Year of publication:	2008-12-01
Authors:	Possajennikov, Alex
Institutions:	University <Nottingham> / Department of Economics
Subject:	Wettbewerb \| market microstructure \| Erfolg \| success prediction \| Gewinn \| Engagement \| Spieler \| heterogeneous player

More details

Extent:	128000 bytes 11 p. application/pdf
Series:	The University of Nottingham / Department of Economics - discussion papers Discussion Paper ; No. 08/13
Type of publication:	Book / Working Paper
Language:	English
Classification:	C72 - Noncooperative Games ; D72 - Economic Models of Political Processes: Rent-Seeking, Elections, Legistures, and Voting Behavior ; Specific management methods ; Sociological and psychological aspects ; Individual Working Papers, Preprints ; No country specification
Source:	USB Cologne (business full texts)

Persistent link: https://www.econbiz.de/10005868568