Multiple equilibria in Tullock contests

C-Tier
Journal: Economics Letters
Year: 2011
Volume: 112
Issue: 2
Pages: 216-219

Authors (2)

Chowdhury, Subhasish M. (not in RePEc) Sheremeta, Roman M. (Case Western Reserve Universit...)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

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

Abstract

We find the sufficient conditions for the existence of multiple equilibria in Tullock-type contests, and show that asymmetric equilibria arise even under symmetric prize and cost structures. We then present existing contests where multiple equilibria exist under reasonably weak conditions.

Technical Details

RePEc Handle
repec:eee:ecolet:v:112:y:2011:i:2:p:216-219
Journal Field
General
Author Count
2
Added to Database
2026-01-25