Equilibrium in the symmetric two-player Hirshleifer contest: Uniqueness and characterization
Sign Up to like & getrecommendations! Published in 2018 at "Economics Letters"
DOI: 10.1016/j.econlet.2018.05.010
Abstract: The symmetric two-player Hirshleifer contest admits a unique equilibrium. The equilibrium support is finite and includes the zero expenditure level. We also establish a lower bound for the cardinality of the support and an upper… read more here.
Keywords: symmetric two; player hirshleifer; hirshleifer contest; two player ... See more keywords