Residential College | false |
Status | 已發表Published |
A Model of Parallel Contests | |
Wei-Torng Juang1,2; Guang-Zhen Sun3; Kuo-Chih Yuan4 | |
2020-06-01 | |
Source Publication | INTERNATIONAL JOURNAL OF GAME THEORY |
ISSN | 0020-7276 |
Volume | 49Issue:2Pages:651-672 |
Abstract | We develop a model of parallel contests, asymmetric in quantity of homogeneous prizes open to contest, with a finite number of homogeneous risk-neutral bidders assumed to have a linear effort-cost function. We show that at equilibrium the expected effort per capita in the larger contest is greater than in a smaller one. The larger contest nonetheless does not attract enough contestants to achieve the optimum in extracting the rent from the bidders. |
Keyword | Parallel Contests Rent Extraction Entry Fees Contest Design Population Uncertainty |
DOI | 10.1007/s00182-019-00705-0 |
Indexed By | SCIE ; SSCI |
Language | 英語English |
WOS Research Area | Business & Economics ; Mathematics ; Mathematical Methods In Social Sciences |
WOS Subject | Economics ; Mathematics, Interdisciplinary Applications ; Social Sciences, Mathematical Methods ; Statistics & Probability |
WOS ID | WOS:000545778900012 |
Publisher | SPRINGER HEIDELBERG, TIERGARTENSTRASSE 17, D-69121 HEIDELBERG, GERMANY |
Scopus ID | 2-s2.0-85078265537 |
Fulltext Access | |
Citation statistics | |
Document Type | Journal article |
Collection | Faculty of Social Sciences DEPARTMENT OF ECONOMICS |
Corresponding Author | Guang-Zhen Sun |
Affiliation | 1.Institute of Economics, Academia Sinica, Taipei, Taiwan 2.Institute of Business and Management, National Chiao Tung University, Taipei, Taiwan 3.Department of Economics, Faculty of Social Sciences, The University of Macau, Macau, China 4.Department of Economics, Soochow University, Taipei, Taiwan |
Corresponding Author Affilication | Faculty of Social Sciences |
Recommended Citation GB/T 7714 | Wei-Torng Juang,Guang-Zhen Sun,Kuo-Chih Yuan. A Model of Parallel Contests[J]. INTERNATIONAL JOURNAL OF GAME THEORY, 2020, 49(2), 651-672. |
APA | Wei-Torng Juang., Guang-Zhen Sun., & Kuo-Chih Yuan (2020). A Model of Parallel Contests. INTERNATIONAL JOURNAL OF GAME THEORY, 49(2), 651-672. |
MLA | Wei-Torng Juang,et al."A Model of Parallel Contests".INTERNATIONAL JOURNAL OF GAME THEORY 49.2(2020):651-672. |
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