Parametric contest success functions

Arbeitspapier

The key element of models of contest is the Contest Success Function (CSF) which specifies the winning probabilities of agents. We provide an axiomatization of two parametric families of CSF’s. In the first, the winning probability of each agent depends on the investments and a vector of parameters, where each parameter is specific to one of the contestants. In the second, the winning probabilities depend on investments and a scalar parameter common to all contestants.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Jena Economic Research Papers ; No. 2007,010

Classification and Topics

• Classification: Wirtschaft ; Game Theory and Bargaining Theory: General ; Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior ; Conflict; Conflict Resolution; Alliances; Revolutions
• Subject: Contest success function ; Axiomatization ; Rent seeking ; Wettbewerb ; Nichtkooperatives Spiel ; Rent Seeking ; Theorie

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Rai, Birendra K. ; Sarin, Rajiv
• Event: Veröffentlichung
• (who): Friedrich Schiller University Jena and Max Planck Institute of Economics
• (where): Jena
• (when): 2007

Further information

• Handle: http://hdl.handle.net/10419/25584
• Last update: 10.03.2025, 11:44 AM CET