A “fractal” solution to the chopstick auction

B-Tier
Journal: Economic Theory
Year: 2022
Volume: 74
Issue: 4
Pages: 1025-1041

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

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

Abstract

Abstract This paper constructs a novel equilibrium in the chopstick auction of Szentes and Rosenthal (Games Econ Behav 44(1):114–133, 2003a). In contrast to the existing solution, the identified equilibrium strategy allows a simple and intuitive characterization. Moreover, its best-response set has the same Hausdorff dimension as its support, which may be seen as a robustness property. The analysis also reveals some new links to the literature on Blotto games.

Technical Details

RePEc Handle
repec:spr:joecth:v:74:y:2022:i:4:d:10.1007_s00199-017-1052-1
Journal Field
Theory
Author Count
1
Added to Database
2026-01-25