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Tullock contests of weakly heterogeneous players

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  • Dmitry Ryvkin

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Abstract

I explore asymmetric equilibria in a Tullock contest of heterogeneous players in the case when the players’ heterogeneity is weak, and the effort optimization problem can be analyzed in the linear approximation. With increasing discriminatory power of the contest, players sequentially drop out. The corresponding threshold values of the discriminatory power are related to those identified earlier for a Tullock contest of identical players. Weak heterogeneity, however, is sufficient to make the players’ behavior strongly asymmetric and qualitatively alter the structure of the equilibria as compared to the homogeneous case. Copyright Springer Science+Business Media, LLC 2007

Suggested Citation

  • Dmitry Ryvkin, 2007. "Tullock contests of weakly heterogeneous players," Public Choice, Springer, vol. 132(1), pages 49-64, July.
  • Handle: RePEc:kap:pubcho:v:132:y:2007:i:1:p:49-64
    DOI: 10.1007/s11127-006-9133-x
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    References listed on IDEAS

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    Cited by:

    1. repec:eee:jeborg:v:139:y:2017:i:c:p:32-48 is not listed on IDEAS
    2. Dmitry Ryvkin, 2009. "Tournaments of Weakly Heterogeneous Players," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 11(5), pages 819-855, October.
    3. repec:elg:eechap:15325_5 is not listed on IDEAS
    4. Cason, Timothy N. & Masters, William A. & Sheremeta, Roman M., 2010. "Entry into winner-take-all and proportional-prize contests: An experimental study," Journal of Public Economics, Elsevier, vol. 94(9-10), pages 604-611, October.
    5. Loukas Balafoutas & E. Glenn Dutcher & Florian Lindner & Dmitry Ryvkin, 2017. "The Optimal Allocation Of Prizes In Tournaments Of Heterogeneous Agents," Economic Inquiry, Western Economic Association International, vol. 55(1), pages 461-478, January.
    6. Ryvkin, Dmitry, 2011. "The optimal sorting of players in contests between groups," Games and Economic Behavior, Elsevier, vol. 73(2), pages 564-572.
    7. Giuseppe Dari-Mattiacci & Eric Langlais & Bruno Lovat & Francesco Parisi, 2013. "Asymmetries in Rent-Seeking," EconomiX Working Papers 2013-5, University of Paris Nanterre, EconomiX.

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    Keywords

    Contests; Rent-seeking; Heterogeneous players;

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