Search Results - subject:"Success function"

A Micro- Foundation for Non-Deterministic Contests of the Logit Form

Dahm, Matthias; Porteiro, Nicolas - Center for Mathematical Studies in Economics and … - 2005

success function. We provide a simple micro-foundation of this function for the two contestant case. In this setting the … form of the win probability in the literature is the so-called “logit” contest success function. We provide a simple micro … probabilistic because of an underlying uncertainty about the type of the administrator. Keywords: Contests, Contest Success Function …

Persistent link: https://www.econbiz.de/10005824520

Dynamic multi-activity contests

Arbatskaya, Maria; Mialon, Hugo M. - In: The Scandinavian journal of economics 114 (2012) 2, pp. 520-538

Persistent link: https://www.econbiz.de/10009670375

A simple microfoundation for the utilization of fragmentation indexes to measure the performance of a team

Le Maux, Benoit; Rocaboy, Yvon - In: Economics Letters 116 (2012) 3, pp. 491-493

We propose a simple non-cooperative game model in which two fragmented teams compete to increase their performance. The theoretical framework is based on the theory of conflict. We show that, depending on the value of a parameter in the model, the power of the competing teams may be expressed as...

Persistent link: https://www.econbiz.de/10010594104

Friends and Enemies: A Model of Signed Network Formation

Hiller, Timo - School of Economics, Finance and Management, University … - 2012

I propose a game of signed network formation, where agents make friends to coerce payoffs from enemies with fewer friends. The model accounts for the interplay between friendship and enmity. Nash equilibrium configurations are such that, either everyone is friends with everyone, or agents can be...

Persistent link: https://www.econbiz.de/10010598875

GAME THEORETIC ANALYSIS OF TWO-PERIOD-DEPENDENT DEGRADED MULTISTATE RELIABILITY SYSTEMS

HAUSKEN, KJELL - In: International Game Theory Review (IGTR) 13 (2011) 03, pp. 247-267

A system of two components is analyzed as a two-period game. After period 1 the system can be fully operational, in two states of intermediate degradation, or fail. Analogously to changing failure rates in dependent systems analyzed with Markov analysis, unit costs of defense and attack, and...

Persistent link: https://www.econbiz.de/10010552460

Political culture and discrimination in contests

Epstein, Gil S.; Mealem, Yosef; Nitzan, Shmuel - In: Journal of Public Economics 95 (2011) 1, pp. 88-93

Many economic and political decisions are the outcome of strategic contests for a given prize. The nature of such contests can be determined by a designer who is driven by political considerations with a specific political culture. The main objective of this study is to analyze the effect of...

Persistent link: https://www.econbiz.de/10010577654

Welfare maximizing contest success functions when the planner cannot commit

Corchón, Luis; Dahm, Matthias - In: Journal of Mathematical Economics 47 (2011) 3, pp. 309-317

commitment to the use of a given contest success function is not possible. We define the notion of rationalizability in mixed …

Persistent link: https://www.econbiz.de/10011065417

Equivalence of optimal noisy-ranking contests and Tullock contests

Pelosse, Yohan - In: Journal of Mathematical Economics 47 (2011) 6, pp. 740-748

We analyze a noisy-ranking contest in which participants compete in several dimensions. The organizer randomly samples a number of dimensions and awards a prize to the most productive agent. When the contest is optimally designed, we establish a structural equivalence between this family of...

Persistent link: https://www.econbiz.de/10010875259

Politics of Randomness

Epstein, Gil S.; Nitzan, Shmuel - CESifo - 2002

The main drawback of the public-policy contest is that the notion of contest success function, a crucial component of …

Persistent link: https://www.econbiz.de/10005405886

Politics of randomness

Epstein, Gil S.; Nitsan, Shemuʾel - 2002

The main drawback of the public-policy contest is that the notion of contest success function, a crucial component of …

Persistent link: https://www.econbiz.de/10011513996