Divisionalization in contests
To be represented by more than one contestant in a contest has advantages and disadvantages. This paper determines the conditions under which it is favorable to send several agents into the contest.
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- Baye, Michael R & Kovenock, Dan & de Vries, Casper G, 1994. " The Solution to the Tullock Rent-Seeking Game When R Is Greater Than 2: Mixed-Strategy Equilibria and Mean Dissipation Rates," Public Choice, Springer, vol. 81(3-4), pages 363-80, December.
- Gaudet, Gerard & Salant, Stephen W, 1991. "Increasing the Profits of a Subset of Firms in Oligopoly Models with Strategic Substitutes," American Economic Review, American Economic Association, vol. 81(3), pages 658-65, June.
- Schoonbeek, Lambert, 1999. "A delegated agent in a winner-take-all contest," Research Report 99B47, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
- Kai A. Konrad & Wolfgang Peters & Karl Wärneryd, 2004.
"Delegation in first-price all-pay auctions,"
Managerial and Decision Economics,
John Wiley & Sons, Ltd., vol. 25(5), pages 283-290.
- Konrad, Kai A. & Peters, Wolfgang & Wärneryd, Karl, 1999. "Delegation in first-price all-pay auctions," SSE/EFI Working Paper Series in Economics and Finance 316, Stockholm School of Economics.
- Stergios Skaperdas, 1996.
"Contest success functions (*),"
Springer, vol. 7(2), pages 283-290.
- Baik, Kyung Hwan & Kim, In-Gyu, 1997. "Delegation in contests," European Journal of Political Economy, Elsevier, vol. 13(2), pages 281-298, May.
- Baye, Michael R & Crocker, Keith J & Ju, Jiandong, 1996. "Divisionalization, Franchising, and Divestiture Incentives in Oligopoly," American Economic Review, American Economic Association, vol. 86(1), pages 223-36, March.
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