- A-Z
- Jena Economic Resea...
- Volume 1
- Parametric Contest ...
Parametric Contest Success Functions
- Autor(in)
- Erschienen
- 27. April 2007
- Nummer des Discussion-Papers
-
2007-10
- Schlagwort(e)
-
Axiomatization
Contest success function
Rent seeking
- Zusammenfsg.
-
The key element of models of contest is the Contest Success Function (CSF) which specifies the winning probabilities of agents. We provide an axiomatization of two parametric families of CSF’s. In the first, the winning probability of each agent depends on the investments and a vector of parameters, where each parameter is specific to one of the contestants. In the second, the winning probabilities depend on investments and a scalar parameter common to all contestants.
- article pub. typess JER
- Research article
- article languages JER
- Englisch
- article research fields JER
- economics
- JEL-Classification for JER
- C70 - General ; D72 - Models of Political Processes: Rent-Seeking, Elections, Legislatures, and Voting Behavior ; D74 - Conflict; Conflict Resolution; Alliances