Contests: theory and applications
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| Main Authors: | , |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Cambridge, United Kingdom
Cambridge University Press
2024
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| Edition: | First published |
| Subjects: | |
| Online Access: | Inhaltsverzeichnis |
| Physical Description: | xvi, 219 Seiten Diagramme |
| ISBN: | 9781009504423 9781009504393 |
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Record in the Search Index
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Contents List of Illustrations List of Tables Preface Book Outline How to Use This Book Part I Foundations 1 An Introduction to Contests 1.1 1.2 1.3 1.4 1.5 2 Contest Success Functions xvii 1 3 4 5 6 7 8 10 2.1 2.2 All Pay Auction (Hillman and Riley, 1989) Difference CSF (Hirshleifer, 1989) 10 12 2.3 Ratio Form CSF (Tullock, 1980) 14 2.4 2.5 2.6 2.7 Extensions of Ratio: Logit CSF (Dixit, 1987) Extensions of Ratio: Ratio Plus Luck and Relative Difference CSFs Additive Separable CSF Advanced Material: The Existence of a Symmetric Equilibrium with General CSF Exercises 18 19 22 2.8 3 Contests in the Early Economic Literature Examples The Main Concept Contest as a Normal Form Game Extensions page viii ix xi xiii Equilibrium with Heterogeneous Agents 3.1 3.2 3.3 3.4 3.5 3.6 3.7 3.8 Introduction Two Contestants Equilibrium with Heterogeneous Agents and Ratio Form CSF Effects of Rent-Seeking All Pay Auction with More Than Two Contestants Empirical Estimation of CSF Appendix: Existence of a Nash Equilibrium for Two-Person Games Exercises 23 27 31 31 33 39 41 43 43 45 46
vi Contents 4 Foundations for Contest Success Functions 4.1 4.2 4.3 4.4 4.5 Noisy Performance Axiomatics Contests Organized by a Planner Bargaining and Claims Exercises Part II Extensions 5 Contests between Groups 5.1 A Model of Contests between Groups 5.2 Free Riding 5.3 The Size of Groups and theSuccess of Conspiracies 5.4 Endogenous Sharing Rules 5.5 Exercises 6 Sabotage 6.1 6.2 6.3 6.4 6.5 7 Dynamic Contests 7.1 7.2 7.3 7.4 7.5 7.6 8 An Example The Basic Model of Sabotage in Contest Equilibrium with and without Sabotage Consequences of Sabotage Exercises Endogenous Timing Contests Elimination Contests Races Effort as an Investment for the Future Repeated Contests Exercises Asymmetric Information 8.1 8.2 8.3 8.4 8.5 One-Sided Asymmetric Information Characteristics of Equilibrium in One-Sided Asymmetric Information Two-Sided Asymmetric Information Characteristics of Equilibrium in Two-Sided Asymmetric Information Exercises Part III Applications 9 Contests in Other Environments: Draws, Large Contests, and Entry 9.1 9.2 9.3 9.4 Contest with Draws Large Contests Several Alternative Contests Exercises 50 50 52 53 59 01 63 65 65 67 68 72 76 80 81 82 84 90 42 95 96 101 103 107 Hl 113 117 118 121 123 125 128 131 133 134 142 144 148
Contents 10 11 12 Contests in Classical Problems: Divisionalization, Monopoly Welfare Losses, Coase Theorem, Voting 150 10.1 Divisionalized Firms I5O 10.2 The Fight for Monopoly Rents 152 10.3 The Coase Theorem with a Previous Contest 155 10.4 Contests and Voting 158 10.5 Derivation of the Winning Probabilities 162 10.6 Exercises 163 Contests, Institutions, Wars, and Economic Success 165 11.1 Rent-Seeking and Economic Performance: The Basic Trade-off 165 11.2 Why Some Countries Succeed While Others Do not 167 11.3 War 172 11.4 Exercises 180 Contests: Social Welfare and Public Policy 183 12.1 Social Valuation of Contests 183 12.2 Properties of Socially Optimal Contests 184 12.3 Choosing Contests 189 12.4 Effects of Policy on Contests 192 12.5 Exercises 195 Summary: The Lost Continent - A Tale of Discovery References Index 198 199 214 |
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| id | DE-604.BV049794795 |
| illustrated | Not Illustrated |
| indexdate | 2025-01-30T23:00:11Z |
| institution | BVB |
| isbn | 9781009504423 9781009504393 |
| language | English |
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| physical | xvi, 219 Seiten Diagramme |
| publishDate | 2024 |
| publishDateSearch | 2024 |
| publishDateSort | 2024 |
| publisher | Cambridge University Press |
| record_format | marc |
| spelling | Beviá, Carmen Verfasser (DE-588)171008278 aut Contests theory and applications Carmen Beviá (Universidad de Alicante), Luis Corchón (Universidad Carlos III de Madrid) First published Cambridge, United Kingdom Cambridge University Press 2024 © 2024 xvi, 219 Seiten Diagramme txt rdacontent n rdamedia nc rdacarrier Wirtschaftstheorie (DE-588)4079351-5 gnd rswk-swf Wettbewerbstheorie (DE-588)4117638-8 gnd rswk-swf Wettbewerbstheorie (DE-588)4117638-8 s Wirtschaftstheorie (DE-588)4079351-5 s b DE-604 Corchón, Luis C. Verfasser (DE-588)170231178 aut Erscheint auch als Online-Ausgabe 978-1-009-50440-9 Digitalisierung UB Regensburg - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=035135513&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Beviá, Carmen Corchón, Luis C. Contests theory and applications Wirtschaftstheorie (DE-588)4079351-5 gnd Wettbewerbstheorie (DE-588)4117638-8 gnd |
| subject_GND | (DE-588)4079351-5 (DE-588)4117638-8 |
| title | Contests theory and applications |
| title_auth | Contests theory and applications |
| title_exact_search | Contests theory and applications |
| title_full | Contests theory and applications Carmen Beviá (Universidad de Alicante), Luis Corchón (Universidad Carlos III de Madrid) |
| title_fullStr | Contests theory and applications Carmen Beviá (Universidad de Alicante), Luis Corchón (Universidad Carlos III de Madrid) |
| title_full_unstemmed | Contests theory and applications Carmen Beviá (Universidad de Alicante), Luis Corchón (Universidad Carlos III de Madrid) |
| title_short | Contests |
| title_sort | contests theory and applications |
| title_sub | theory and applications |
| topic | Wirtschaftstheorie (DE-588)4079351-5 gnd Wettbewerbstheorie (DE-588)4117638-8 gnd |
| topic_facet | Wirtschaftstheorie Wettbewerbstheorie |
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