While the game-theoretic analysis of conflict is often based on the assumption of multiplicative noise, additive noise … the equilibrium set of the n-player difference-form contest with heterogeneous valuations. For high and intermediate … valuations, we obtain a partial uniqueness result for symmetric equilibria. As the contest becomes increasingly decisive, at …

We characterize the equilibrium set of the n-player Hirshleifer contest with homogeneous valuations. A symmetric … in cut-throat competition, while any others become ultimately inactive. Of some conceptual interest is the observation …

While the game-theoretic analysis of conflict is often based upon the assumption of multiplicative noise, additive … the equilibrium set of the n-player difference-form contest with heterogeneous valuations. For high or intermediate levels … valuations, we obtain a partial uniqueness result for symmetric equilibria. As the contest becomes increasingly decisive, at …

between players and the contest success functions are in Tullock form with battle-specific discriminatory power in (0, 1] and …

In contest models with symmetric valuations, equilibrium payoffs are positive shares of the value of the prize. In … simple asymmetric contest in which contestants differ in the effectiveness of their efforts? For two-player contests the …

. Incumbents repeatedly face different challengers, holding on to their positions until defeated in a contest. Defeated incumbents … turn into challengers until they win a contest against an incumbent, thereby regaining an incumbency position. We consider …

between these equilibrium shares and the parameters of a class of asymmetric Tullock contest success functions. Our main …

simple conditions under which actually any equilibrium of the contest is payoff and revenue equivalent to the unique …, political lobbying, electoral competition, optimally biased contests, the empirical analysis of rent-seeking, and dynamic …

simple conditions under which actually any equilibrium of the contest is both payoff equivalent and revenue equivalent to the … licensing, political lobbying, electoral competition, optimally biased contests, the empirical analysis of rent-seeking, and …