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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References listed on IDEAS
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- Baik, Kyung Hwan & Kim, In-Gyu, 1997. "Delegation in contests," European Journal of Political Economy, Elsevier, vol. 13(2), pages 281-298, May.
- repec:dgr:rugsom:99b47 is not listed on IDEAS
- Lambert Schoonbeek, 2002.
"A delegated agent in a winner-takes-all contest,"
Applied Economics Letters,
Taylor & Francis Journals, vol. 9(1), pages 21-23.
- 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 223-236, March.
- 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 363-380, December.
- Skaperdas, Stergios, 1996.
"Contest Success Functions,"
Springer;Society for the Advancement of Economic Theory (SAET), vol. 7(2), pages 283-290, February.
- 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.
- 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 658-665, June.
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