UM
Equilibrium in the symmetric two-player Hirshleifer contest: Uniqueness and characterization
Ewerhart, Christian; Sun, Guang-Zhen
2018-08
Source PublicationECONOMICS LETTERS
ABS Journal Level3
ISSN0165-1765
Volume169Pages:51-54
AbstractThe symmetric two-player Hirshleifer contest admits a unique equilibrium. The equilibrium support is finite and includes the zero expenditure level. We also establish a lower bound for the cardinality of the support and an upper bound for the undissipated rent. (C) 2018 The Authors. Published by Elsevier B.V.
KeywordContests Mixed-strategy equilibrium Rent dissipation Uniqueness
DOI10.1016/j.econlet.2018.05.010
URLView the original
Indexed BySSCI
Language英语
WOS Research AreaBusiness & Economics
WOS SubjectEconomics
WOS IDWOS:000437380400013
PublisherELSEVIER SCIENCE SA
The Source to ArticleWOS
Fulltext Access
Citation statistics
Cited Times [WOS]:2   [WOS Record]     [Related Records in WOS]
Document TypeJournal article
CollectionUniversity of Macau
Recommended Citation
GB/T 7714
Ewerhart, Christian,Sun, Guang-Zhen. Equilibrium in the symmetric two-player Hirshleifer contest: Uniqueness and characterization[J]. ECONOMICS LETTERS,2018,169:51-54.
APA Ewerhart, Christian,&Sun, Guang-Zhen.(2018).Equilibrium in the symmetric two-player Hirshleifer contest: Uniqueness and characterization.ECONOMICS LETTERS,169,51-54.
MLA Ewerhart, Christian,et al."Equilibrium in the symmetric two-player Hirshleifer contest: Uniqueness and characterization".ECONOMICS LETTERS 169(2018):51-54.
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