The power of money: wealth effects in contests

DOI10.1016/J.GEB.2016.09.005MaRDI QIDQ516971zbMATH OpenOpenAlexFDO

Authors Fred Schroyen, Nicolas Treich

Publication date 16 March 2017

Published in Games and Economic Behavior (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.geb.2016.09.005

zbMATH Keywords

powerredistributionrisk aversionconflictcontestrent-seekinglobbyingwealth

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26)

Recommendations

• Reduced prizes and increased effort in contests
• All-Pay Contests
• Wealth inequality and economic power: a sequential bargaining analysis
• Contests with limited resources
• Contest for power in organizations

Cites work

• Aggregate comparative statics
• Changes in Background Risk and Risk Taking Behavior
• Comparative Statics of Contests and Rent-Seeking Games
• Comparative statics for aggregative games. The strong concavity case
• Microeconomic theory
• On the existence and uniqueness of pure Nash equilibrium in rent-seeking games
• Risk Vulnerability and the Tempering Effect of Background Risk
• Risk aversion in symmetric and asymmetric contests
• Strategy and dynamics in contests
• The Logic of Political Violence
• When Are Nash Equilibria Independent of the Distribution of Agents' Characteristics?

Cited in

(5)

• Rent dissipation in simple Tullock contests
• Multi-prize contests with risk-averse players
• Wealth inequality and economic power: a sequential bargaining analysis
• Risk preference heterogeneity in group contests
• Expectations-based loss aversion in contests

This page was built for publication: The power of money: wealth effects in contests

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q516971)