Move orders in contests: Equilibria and winning chances

B-Tier
Journal: Games and Economic Behavior
Year: 2025
Volume: 150
Issue: C
Pages: 436-468

Authors (3)

Gao, Lei (not in RePEc) Lu, Jingfeng (National University of Singapo...) Wang, Zhewei (not in RePEc)

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper studies general two-player sequential-move competitions, accommodating a full spectrum of Tullock contest technology and contestants' asymmetry. We provide necessary and sufficient conditions for a preemptive equilibrium to prevail in both strong-lead and weak-lead contests, and discover a characteristic equation to pin down the players' effort ratio (which fully determines their winning chances) and their effort levels when a non-preemptive equilibrium prevails. We find that while the strong player always has a higher winning chance when moving first, simultaneous moves sometimes maximize the weak player's winning odds. We further allow the move orders endogenous through winning-odd-maximizing coaches' independent choices.

Technical Details

RePEc Handle
repec:eee:gamebe:v:150:y:2025:i:c:p:436-468
Journal Field
Theory
Author Count
3
Added to Database
2026-01-25