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Persistent link: https://www.econbiz.de/10009674805
This paper considers participation in deterministic contests for m≥1 identical prizes, which employ an auction-like rule to determine the winners. In most papers that investigate such models, participation by precisely m+1 players is associated with players having complete information about...
Persistent link: https://www.econbiz.de/10011041852
This note shows that participation by many players in deterministic contests arises when different players have different cost advantages in different regions of the competition, and not from incomplete information per se
Persistent link: https://www.econbiz.de/10014186416