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On a Class of Contest Success Functions

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  • Jia Hao

    (Deakin University)

Abstract

In this article, I analyze a class of contest success functions (CSFs) that satisfy Luce's Choice Axiom. I show that the functional forms of these CSFs can be fully identified if they are characterized by a partial differential equation (PDE), which has several intuitive economic interpretations. This PDE approach provides foundations for popular CSFs and their generalizations.

Suggested Citation

  • Jia Hao, 2010. "On a Class of Contest Success Functions," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 10(1), pages 1-14, July.
    • Handle: RePEc:bpj:bejtec:v:10:y:2010:i:1:n:32
    DOI: 10.2202/1935-1704.1672
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    Cited by:

    1. Mildenberger, Carl David & Pietri, Antoine, 2018. "How does size matter for military success? Evidence from virtual worlds," Journal of Economic Behavior & Organization, Elsevier, vol. 154(C), pages 137-155.

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