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Complementarity in Contests

Author

Listed:
  • Skaperdas, S.
  • Syropoulos, C.

Abstract

To facilitate the study of contests in general equilibrium, we examine winner-take-all contests in which the prize is complemenatry to the effort of the contestants, as inputs are in production functions or final goods in utility functions. We focus on the effects of technological factors and endowments on the effort and the welfare of the contestants. Most of our findings differ considerably from the standard model of contestants in which prize and effort are independent.

Suggested Citation

  • Skaperdas, S. & Syropoulos, C., 1998. "Complementarity in Contests," Papers 97-98-21, California Irvine - School of Social Sciences.
    • Handle: RePEc:fth:calirv:97-98-21
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    Cited by:

    1. Maria Arbatskaya & Hugo Mialon, 2010. "Multi-activity contests," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 43(1), pages 23-43, April.
    2. Cohen, Chen & Darioshi, Roy & Nitzan, Shmuel, 2024. "Think twice before attacking: Effort, restraint, and sanctions in war conflicts," Journal of Economic Behavior & Organization, Elsevier, vol. 228(C).
    3. Choi Gyoung-Gyu, 2020. "Guns and Butter: Stability and Robustness," Asian Journal of Law and Economics, De Gruyter, vol. 11(1), pages 1-8, April.
    4. Alex Robson, 2005. "Multi-Item Contests," ANU Working Papers in Economics and Econometrics 2005-446, Australian National University, College of Business and Economics, School of Economics.
    5. Hoffmann, Magnus & Rota-Graziosi, Grégoire, 2012. "Endogenous timing in general rent-seeking and conflict models," Games and Economic Behavior, Elsevier, vol. 75(1), pages 168-184.
    6. Gyoung‐Gyu Choi & Jeong‐Yoo Kim, 2021. "Trade with enemy: Economic interdependence and stability under anarchy," Manchester School, University of Manchester, vol. 89(4), pages 353-366, July.
    7. Alex Dickson & Ian A. MacKenzie & Petros G. Sekeris, 2022. "The role of markets on resource conflicts," Scandinavian Journal of Economics, Wiley Blackwell, vol. 124(3), pages 677-708, July.
    8. Jean-Pierre Tranchant, 2005. "Cooperation Breakdowns under Incomplete Property Rights," Public Economics 0506006, University Library of Munich, Germany.
    9. Sekeris, Petros G. & Siqueira, Kevin, 2024. "Conflict and returns to scale in production," Journal of Economic Behavior & Organization, Elsevier, vol. 227(C).

    More about this item

    Keywords

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    JEL classification:

    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • D30 - Microeconomics - - Distribution - - - General
    • D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
    • K42 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Illegal Behavior and the Enforcement of Law

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