Equilibrium analysis of the all-pay contest with two nonidentical prizes: Complete results
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DOI: 10.1016/j.jmateco.2017.10.003
Abstract: This paper studies contests in which three or more players compete for two nonidentical prizes. The players have distinct constant marginal costs of performance or bid, which are commonly known. We show that the contests… read more here.
Keywords: equilibrium analysis; analysis pay; pay contest; contest two ... See more keywords
Equilibrium Analysis and Coalition Stability in R&D Cooperation with Spillovers
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DOI: 10.1080/24725854.2021.1947545
Abstract: This paper analyzes cost-reducing R&D cooperation by n horizontal firms, and studies two common cooperation modes with knowledge spillovers: R&D cartels (CT) and research joint ventures (RV). These... read more here.
Keywords: equilibrium analysis; coalition stability; analysis coalition; cooperation spillovers ... See more keywords
Equilibrium Analysis of Unfair Competition From Shoddy Goods
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DOI: 10.1109/tem.2025.3556454
Abstract: Advances in e-commerce allow consumers to learn the truth about shoddy goods. This article develops an analytical framework for examining the competition between an honest manufacturer (the “truth-teller”) and a deceptive manufacturer (the “deceiver”). Our… read more here.
Keywords: truth teller; competition; equilibrium analysis; teller ... See more keywords