Arbeitspapier
Equilibrium in the symmetric Hirshleifer contest: Uniqueness and characterization
The symmetric two-player Hirshleifer (1989) contest is shown to admit a unique equilibrium. The support of the equilibrium strategy is finite and includes, in particular, the zero expenditure level. We also establish a lower bound for the cardinality of the support and an upper bound for the undissipated rent.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 286
- Klassifikation
-
Wirtschaft
Noncooperative Games
Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
Conflict; Conflict Resolution; Alliances; Revolutions
- Thema
-
Contests
mixed-strategy equilibrium
rent dissipation
uniqueness
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Ewerhart, Christian
Sun, Guang-Zhen
- Ereignis
-
Veröffentlichung
- (wer)
-
University of Zurich, Department of Economics
- (wo)
-
Zurich
- (wann)
-
2018
- DOI
-
doi:10.5167/uzh-151260
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Ewerhart, Christian
- Sun, Guang-Zhen
- University of Zurich, Department of Economics
Entstanden
- 2018
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