Baik, Kyung Hwan; Kim, Jihyun - In: Journal of Institutional and Theoretical Economics (JITE) 170 (2014) 3, pp. 387-405
We study two-player contests in which, in order to win a prize, each player hires a delegate to expend effort on her behalf; neither party's delegation contract is revealed to the rival party when the delegates choose their effort levels. We obtain first the outcomes of this...