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Repeated contests: A general parameterization

  • Shaffer, Sherrill
  • Shogren, Jason F.

Contests often involve players vying for the same prize year after year. This paper characterizes equilibrium effort, both individual and aggregate, in a general parameterization of such repeated contests.

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Article provided by Elsevier in its journal Economics Letters.

Volume (Year): 105 (2009)
Issue (Month): 2 (November)
Pages: 159-161

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Handle: RePEc:eee:ecolet:v:105:y:2009:i:2:p:159-161
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  11. Jun-ichi Itaya & Koji Shimomura, 1999. "A Dynamic Conjectural Variations Model in the Private Provision of Public Goods: a Differential Game Approach," Discussion Paper Series 104, Research Institute for Economics & Business Administration, Kobe University.
  12. Friedman, James W. & Mezzetti, Claudio, 2002. "Bounded rationality, dynamic oligopoly, and conjectural variations," Journal of Economic Behavior & Organization, Elsevier, vol. 49(3), pages 287-306, November.
  13. Hausken, Kjell, 1995. "The dynamics of within-group and between-group interaction," Journal of Mathematical Economics, Elsevier, vol. 24(7), pages 655-687.
  14. Brooks, Michael A & Heijdra, Ben J, 1989. "An Exploration of Rent Seeking," The Economic Record, The Economic Society of Australia, vol. 65(188), pages 32-50, March.
  15. Shogren, Jason F & Baik, Kyung H, 1992. " Favorites and Underdogs: Strategic Behavior in an Experimental Contest," Public Choice, Springer, vol. 74(2), pages 191-205, September.
  16. Schnytzer, Adi, 1994. " An Economic Model of Regime Change: Freedom as a Public Good," Public Choice, Springer, vol. 79(3-4), pages 325-39, June.
  17. Dixit, Avinash K, 1987. "Strategic Behavior in Contests," American Economic Review, American Economic Association, vol. 77(5), pages 891-98, December.
  18. Baik, Kyung H & Shogren, Jason F, 1992. "Strategic Behavior in Contests: Comment," American Economic Review, American Economic Association, vol. 82(1), pages 359-62, March.
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