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Contests 1 Subject Classification: C72 1 Subject Classification: D72 1 Subject Classification: L13 1 endogenous prize 1 existence and uniqueness 1
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HIRAI, SHUMEI 1 SZIDAROVSZKY, FERENC 1
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International Game Theory Review (IGTR) 1
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EXISTENCE AND UNIQUENESS OF EQUILIBRIUM IN ASYMMETRIC CONTESTS WITH ENDOGENOUS PRIZES
HIRAI, SHUMEI; SZIDAROVSZKY, FERENC - In: International Game Theory Review (IGTR) 15 (2013) 01, pp. 1350005-1
This paper considers contests in which the efforts of the players determine the value of the prize. Players may have different valuations of the prize and different abilities to convert expenditures to productive efforts. In addition, players may face different financial constraints. This paper...
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