Converse Tournaments
Özet
This paper proposes two alternatives to Clark and Riis (1998b)'s sequential model of nested multiple-prize contests. First we consider winning prizes endogenously determined by exerted contest efforts. Second we extend the model to infinitehorizon. We characterize the unique subgame perfect Nash equilibrium in both models and compare the equilibrium strategies with those in the original model.
Kaynak
Ege Academic ReviewCilt
19Sayı
1Bağlantı
https://hdl.handle.net/20.500.12469/604https://doi.org/10.21121/eab.2019148773
https://search.trdizin.gov.tr/yayin/detay/388096