Commitment in symmetric contests

Possajennikov, Alex (2009) Commitment in symmetric contests. Economics Bulletin, 29 (1). pp. 376-384. ISSN 1545-2921

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Abstract

The paper proves that in two-player logit form symmetric contests with concave success function, commitment to a

particular strategy does not increase a player's payoff, while in contests with more than two players it does. The paper also provides a contest-like game in which commitment does not increase a player's payoff for any number of players.

Item Type: Article
Schools/Departments: University of Nottingham UK Campus > Faculty of Social Sciences > School of Economics
Depositing User: Possajennikov, Dr Alex
Date Deposited: 14 Jun 2013 16:00
Last Modified: 11 May 2016 21:01
URI: http://eprints.nottingham.ac.uk/id/eprint/1999

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