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  • Search: isPartOf:"University of Basel, Faculty of Business and Economics, WWZ Discussion Paper 2014/11"
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Game theory 1 Spieltheorie 1
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English 1
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Häfner, Samuel 1 Nöldeke, Georg 1
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University of Basel, Faculty of Business and Economics, WWZ Discussion Paper 2014/11 1
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ECONIS (ZBW) 1
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Payoff Shares in Two-Player Contests
Häfner, Samuel - 2015
In contest models with symmetric valuations, equilibrium payoffs are positive shares of the value of the prize. In contrast to a bargaining situation, these shares sum to less than one because a share of the value is lost due to rent-dissipation. We ask: can every such division into payoff...
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