Residential College | false |
Status | 已發表Published |
A model of parallel contests | |
Juang, Wei Torng1,2; Sun, Guang Zhen3; Yuan, Kuo Chih4 | |
2020-06-01 | |
Source Publication | INTERNATIONAL JOURNAL OF GAME THEORY |
ABS Journal Level | 2 |
ISSN | 0020-7276 |
Volume | 49Issue:2Pages:651-672 |
Abstract | We develop a model of two parallel contests, asymmetric in quantity of homogeneous prizes open to contest, with a finite number of homogeneous risk-neutral bidders. Whether the bidder upon entry into a particular contest is aware of the realized number of competing contestants in the contest is irrelevant to the expected effort at equilibrium. At equilibrium the expected effort per capita in the larger contest (the contest with more prizes) is greater than that in the smaller one. The larger contest nonetheless does not attract enough contestants to achieve optimum in rent extraction from the bidders. |
Keyword | Effort Effect Parallel Contests Participation Effect Rent Extraction |
DOI | 10.1007/s00182-019-00705-0 |
URL | View the original |
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 | Sun, Guang Zhen |
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 | Juang, Wei Torng,Sun, Guang Zhen,Yuan, Kuo Chih. A model of parallel contests[J]. INTERNATIONAL JOURNAL OF GAME THEORY, 2020, 49(2), 651-672. |
APA | Juang, Wei Torng., Sun, Guang Zhen., & Yuan, Kuo Chih (2020). A model of parallel contests. INTERNATIONAL JOURNAL OF GAME THEORY, 49(2), 651-672. |
MLA | Juang, Wei Torng,et al."A model of parallel contests".INTERNATIONAL JOURNAL OF GAME THEORY 49.2(2020):651-672. |
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