Unique equilibrium in rent-seeking contests with a continuum of types

C-Tier

Journal: Economics Letters

Year: 2014

Volume: 125

Issue: 1

Pages: 115-118

Authors (1)

Ewerhart, Christian (Universität Zürich)

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

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

It is shown that rent-seeking contests with continuous and independent type distributions possess a unique pure-strategy Nash equilibrium.