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Success in Contests

Author

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  • David K Levine
  • Andrea Mattozzi

Abstract

Models of two contestants exerting effort to win a prize are very common and widely used in political economy. The contest success function plays as fundamental a role in the theory of contests as does the production function in the theory of the firm, yet beyond the existence of equilibrium few general results are known. This paper seeks to remedy that gap.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • David K Levine & Andrea Mattozzi, 2021. "Success in Contests," Levine's Working Paper Archive 786969000000001563, David K. Levine.
    • Handle: RePEc:cla:levarc:786969000000001563
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    File URL: http://www.dklevine.com/archive/refs4786969000000001563.pdf
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    Other versions of this item:

    • David K. Levine & Andrea Mattozzi, 2022. "Success in contests," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 73(2), pages 595-624, April.

    References listed on IDEAS

    as
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    Cited by:

    1. Prokopovych, Pavlo & Yannelis, Nicholas C., 2023. "On monotone pure-strategy Bayesian-Nash equilibria of a generalized contest," Games and Economic Behavior, Elsevier, vol. 140(C), pages 348-362.
    2. Ben Chen & José A. Rodrigues-Neto, 2023. "The interaction of emotions and cost-shifting rules in civil litigation," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 75(3), pages 841-885, April.
    3. Rabah Amir & Bernard Cornet & M. Ali Khan & David Levine & Edward C. Prescott, 2022. "Special Issue in honor of Nicholas C. Yannelis – Part II," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 73(2), pages 377-385, April.
    4. Christian Ewerhart, 2021. "A typology of military conflict based on the Hirshleifer contest," ECON - Working Papers 400, Department of Economics - University of Zurich.

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    More about this item

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances; Revolutions

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