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We study lottery (Tullock) contests with identity-dependent externalities. We consider two types of players where the players of the same type have the same winning value as well as the same identitydependent loss value. It is assumed that the identity-dependent value a⁄ects the player whether...
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We study lottery (Tullock) contests with identity-dependent externalities. We consider two types of players where the players of the same type have the same winning value as well as the same identity-dependent loss value. It is assumed that the identity-dependent value affects the player whether...
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An indivisible good is to be consumed by one of several agents. The consumption involves identity-dependent externalities to the non-consumers. Resale markets for such goods are analysed in various institutional settings with complete information, assuming the agents cannot commit to future...
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