Equilibria in rent-seeking contests with homogeneous success functions

B-Tier
Journal: Economic Theory
Year: 2006
Volume: 27
Issue: 3
Pages: 719-727

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

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

Abstract

We characterize pure-strategy Nash equilibria for symmetric rent-seeking contests in which the contest success function is homogeneous of degree zero. The equilibrium strategies have a simple form. We give sufficient conditions for existence of an equilibrium. Copyright Springer-Verlag Berlin/Heidelberg 2006

Technical Details

RePEc Handle
repec:spr:joecth:v:27:y:2006:i:3:p:719-727
Journal Field
Theory
Author Count
2
Added to Database
2026-01-25