Welfare Maximizing Contest Success Functions when the Planner Cannot Commit

Home | About RECERCAT | Contact

Català | Castellano

All of RECERCAT

By Communities &
Collections By Defense Date By Authors By Titles By Subject

This Collection

By Defense Date By Authors By Titles By Subject

Statistics

View Statistics All RECERCAT

My RECERCAT

Other repositories directory

RECERCAT Home > Universitat Rovira i Virgili > Departament d'Economia > Documents de treball del Departament d'Economia > View document

Use this identifier to quote or link this document: http://hdl.handle.net/2072/148481

dc.contributor	Universitat Rovira i Virgili. Departament d'Economia
dc.contributor.author	Corchón, Luis C.
dc.contributor.author	Dahm, Matthias
dc.date.accessioned	2011-05-09T16:02:15Z
dc.date.available	2011-05-09T16:02:15Z
dc.date.created	2010
dc.date.issued	2010
dc.identifier.issn	1988 - 0812
dc.identifier.other	T - 1462 - 2010
dc.identifier.uri	http://hdl.handle.net/2072/148481
dc.format.extent	21
dc.format.extent	419147 bytes
dc.format.mimetype	application/pdf
dc.language.iso	eng
dc.relation.ispartofseries	Documents de treball del Departament d'Economia;2010-05
dc.rights	Aquest document està subjecte a una llicència d'ús de Creative Commons, amb la qual es permet copiar, distribuir i comunicar públicament l'obra sempre que se'n citin l'autor original, la universitat i el departament i no se'n faci cap ús comercial ni obra derivada, tal com queda estipulat en la llicència d'ús (http://creativecommons.org/licenses/by-nc-nd/2.5/es/)
dc.subject.other	Teoria de jocs
dc.subject.other	Ciències polítiques -- Models matemàtics
dc.subject.other	Presa de decisions
dc.title	Welfare Maximizing Contest Success Functions when the Planner Cannot Commit
dc.type	info:eu-repo/semantics/workingPaper
dc.subject.udc	338 - Situació econòmica. Política econòmica. Gestió, control i planificació de l'economia. Producció. Serveis. Turisme. Preus
dc.description.abstract	We analyze how a contest organizer chooses optimally the winner when the contestants' efforts are already exerted and commitment to the use of a given contest success function is not possible. We de…ne the notion of rationalizability in mixed-strategies to capture such a situation. Our approach allows to derive different contest success functions depending on the aims and attitudes of the decider. We derive contest success functions which are closely related to commonly used functions providing new support for them. By taking into account social welfare considerations our approach bridges the contest literature and the recent literature on political economy. Keywords: Endogenous Contests, Contest Success Function, Mixed-Strategies. JEL Classi…cation: C72 (Noncooperative Games), D72 (Economic Models of Political Processes: Rent-Seeking, Elections), D74 (Conflict; Conflict Resolution; Alliances)

Full text files in this document

Files	Size	Format
201005.pdf	337.1 KB	PDF

Show simple item record

All of RECERCAT

This Collection

Statistics

My RECERCAT

Full text files in this document

Related documents

Other documents of the same author