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Contests Repeated play Conjectural variation 1
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Shaffer, Sherrill 1 Shogren, Jason F. 1
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Economics Letters 1
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Repeated contests: A general parameterization
Shaffer, Sherrill; Shogren, Jason F. - In: Economics Letters 105 (2009) 2, pp. 159-161
Contests often involve players vying for the same prize year after year. This paper characterizes equilibrium effort, both individual and aggregate, in a general parameterization of such repeated contests.
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