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Subject
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Aktienkurs 1 Aktienrendite 1 Rent Seeking 1 Spieltheorie 1 Wettbewerb 1 game theory 1 market microstructure 1 rent seeking 1
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Online availability
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Free 1
Type of publication
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Book / Working Paper 1
Language
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English 1
Author
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Cornes, Richard 1 Hartley, Roger E. 1
Institution
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University <Keele> / Department of Economics and Management Science 1 University <Nottingham> / Department of Economics 1
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Discussion PaperNo. 01/10 1 The University of Nottingham / School of Economics - discussion papers 1
Source
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USB Cologne (business full texts) 1
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ASYMMETRIC CONTESTS WITH GENERALTECHNOLOGIES
Cornes, Richard; Hartley, Roger E. - University <Nottingham> / Department of Economics; …
We investigate the Nash equilibria of asymmetric, winner-take-all, imperfectlydiscriminating contests, focussing on existence, uniqueness and rentdissipation. When the contest success function is determined by a productionfunction with decreasing returns for each contestant, equilibria...
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