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Tullock contests of weakly heterogeneous players

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  • Dmitry Ryvkin

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

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  • 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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    Cited by:

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    2. repec:elg:eechap:15325_5 is not listed on IDEAS
    3. 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.
    4. Giuseppe Dari-Mattiacci & Eric Langlais & Bruno Lovat & Francesco Parisi, 2013. "Asymmetries in Rent-Seeking," EconomiX Working Papers 2013-5, University of Paris Nanterre, EconomiX.
    5. Knyazev, Dmitriy, 2013. "Optimal elimination contest," Bonn Econ Discussion Papers 09/2013, University of Bonn, Bonn Graduate School of Economics (BGSE).
    6. 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.
    7. Ryvkin, Dmitry, 2011. "The optimal sorting of players in contests between groups," Games and Economic Behavior, Elsevier, vol. 73(2), pages 564-572.
    8. 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.
    9. Matthew D. Mitchell, 2019. "Uncontestable favoritism," Public Choice, Springer, vol. 181(1), pages 167-190, October.

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