Uniqueness of equilibrium in two-player asymmetric Tullock contests with intermediate discriminatory power

DOI10.1016/J.ECONLET.2017.07.017MaRDI QIDQ1782387zbMATH OpenOpenAlexFDO

Authors Xin Feng, Jingfeng Lu

Publication date 20 September 2018

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.econlet.2017.07.017

zbMATH Keywords

uniqueness of equilibriumTullock contestsasymmetric playersdiscriminatory powertwo-player contests

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26) 2-person games (91A05)

Recommendations

• Existence and uniqueness of equilibrium in asymmetric contests with endogenous prizes
• Multiple equilibria in Tullock contests
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Cites work

• Asymmetric contests with general technologies
• Contests with small noise and the robustness of the all-pay auction
• Mixed equilibria in Tullock contests
• On the efficient provision of public goods by means of biased lotteries: the two player case
• On the existence and uniqueness of pure Nash equilibrium in rent-seeking games
• Revenue ranking of optimally biased contests: the case of two players
• Strategy and dynamics in contests
• The optimal accuracy level in asymmetric contests

Cited in

(14)

• The optimal accuracy level in asymmetric contests
• Winner's effort in multi-battle team contests
• Three-player sequential contests with asymmetric valuations
• Mixed equilibria in Tullock contests
• Discriminatory power and pure strategy Nash equilibrium in the lottery blotto game
• On equilibrium uniqueness in generalized multi-prize nested lottery contests
• Dynamic contest model with bounded rationality
• Existence and uniqueness of equilibrium in asymmetric contests with endogenous prizes
• Equilibrium in the symmetric two-player Hirshleifer contest: uniqueness and characterization
• Multi-prize contests with risk-averse players
• Biasing dynamic contests between ex-ante symmetric players
• Sequential round-robin tournaments with multiple prizes
• On equilibrium existence in generalized multi-prize nested lottery contests
• Nested Tullock contests with nonmonotone prizes

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