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Related Contests: A General Parameterization

  • Sherrill Shaffer

    ()

  • Jason F. Shogren

    ()

Contests often involve players vying for the same prize year after year. This paper characterizes equilibrium effort, both individual and aggregate, in a general parameterization of such repeated contests.

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File URL: http://cbe.anu.edu.au/research/papers/camawpapers/Papers/2008/Shaffer_Shogren_272008.pdf
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Paper provided by Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University in its series CAMA Working Papers with number 2008-27.

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Length: 10 pages
Date of creation: Aug 2008
Date of revision:
Handle: RePEc:een:camaaa:2008-27
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  1. Jun-ichi Itaya & Makoto Okamura, 2003. "Conjectural Variations and Voluntary Public Good Provision in a Repeated Game Setting," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 5(1), pages 51-66, 01.
  2. Brooks, Michael A & Heijdra, Ben J, 1989. "An Exploration of Rent Seeking," The Economic Record, The Economic Society of Australia, vol. 65(188), pages 32-50, March.
  3. Hausken, Kjell, 1995. "The dynamics of within-group and between-group interaction," Journal of Mathematical Economics, Elsevier, vol. 24(7), pages 655-687.
  4. Shogren, Jason F & Baik, Kyung H, 1992. " Favorites and Underdogs: Strategic Behavior in an Experimental Contest," Public Choice, Springer, vol. 74(2), pages 191-205, September.
  5. Worthington, Paula R., 1990. "Strategic investment and conjectural variations," International Journal of Industrial Organization, Elsevier, vol. 8(2), pages 315-328, June.
  6. Cabral, Luis M. B., 1995. "Conjectural variations as a reduced form," Economics Letters, Elsevier, vol. 49(4), pages 397-402, October.
  7. Friedman, J.W. & Samuelson, L., 1988. "Subgame Perfect Equilibrium With Continuous Reaction Functions," Papers 4-88-3, Pennsylvania State - Department of Economics.
  8. Itaya, Jun-ichi & Shimomura, Koji, 2001. "A dynamic conjectural variations model in the private provision of public goods: a differential game approach," Journal of Public Economics, Elsevier, vol. 81(1), pages 153-172, July.
  9. Dockner, Engelbert J, 1992. "A Dynamic Theory of Conjectural Variations," Journal of Industrial Economics, Wiley Blackwell, vol. 40(4), pages 377-95, December.
  10. Wirl, Franz, 1994. " The Dynamics of Lobbying--A Differential Game," Public Choice, Springer, vol. 80(3-4), pages 307-23, September.
  11. Friedman James W. & Samuelson Larry, 1994. "Continuous Reaction Functions in Duopolies," Games and Economic Behavior, Elsevier, vol. 6(1), pages 55-82, January.
  12. Monahan George E. & Sobel Matthew J., 1994. "Stochastic Dynamic Market Share Attraction Games," Games and Economic Behavior, Elsevier, vol. 6(1), pages 130-149, January.
  13. Ana I. Saracho, 2005. "The Relationship Between Patent Licensing And Competitive Behavior," Manchester School, University of Manchester, vol. 73(5), pages 563-581, 09.
  14. Dixit, Avinash K, 1987. "Strategic Behavior in Contests," American Economic Review, American Economic Association, vol. 77(5), pages 891-98, December.
  15. Michael Pfaffermayr, 1999. "Conjectural-variation models and supergames with price competition in a differentiated product oligopoly," Journal of Economics, Springer, vol. 70(3), pages 309-326, October.
  16. Schnytzer, Adi, 1994. " An Economic Model of Regime Change: Freedom as a Public Good," Public Choice, Springer, vol. 79(3-4), pages 325-39, June.
  17. Friedman, James W. & Mezzetti, Claudio, 2002. "Bounded rationality, dynamic oligopoly, and conjectural variations," Journal of Economic Behavior & Organization, Elsevier, vol. 49(3), pages 287-306, November.
  18. Baik, Kyung H & Shogren, Jason F, 1992. "Strategic Behavior in Contests: Comment," American Economic Review, American Economic Association, vol. 82(1), pages 359-62, March.
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