Amann, Erwin; Qiao, Heng - Thurgauer Wirtschaftsinstitut an der Universität Konstanz - 2008
A problem of Parallel Contests is raised and modeled. The equilibria in final situations of parallel contests are … enter into the two parallel contests. Under the condition of rationalizability, this paper characterizes the respective … distributions of contestants’ abilities in the two parallel contests, proves the existence of the equilibrium in parallel contests …