EconStor >
Northwestern University >
Kellogg School of Management - Center for Mathematical Studies in Economics and Management Science, Northwestern University  >
Discussion Papers, Kellogg School of Management, Northwestern University >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/31215
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorDahm, Matthiasen_US
dc.contributor.authorPorteiro, Nicolásen_US
dc.date.accessioned2010-05-14T10:18:54Z-
dc.date.available2010-05-14T10:18:54Z-
dc.date.issued2005en_US
dc.identifier.urihttp://hdl.handle.net/10419/31215-
dc.description.abstractIn models of non-deterministic contest, players exert irreversible effort in order to increase their probability of winning a prize. The most prominent functional form of the win probability in the literature is the so-called logit” contest success function. We provide a simple micro-foundation of this function for the two contestant case. In this setting the contest administrator is a rational decision maker whose optimal choice is deterministic. However, from the point of view of the contestants the outcome of the contest is probabilistic because of an underlying uncertainty about the type of the administrator.en_US
dc.language.isoengen_US
dc.publisherNorthwestern Univ., Kellogg Graduate School of Management, Center for Mathematical Studies in Economics and Management Science Evanstonen_US
dc.relation.ispartofseriesDiscussion paper // Center for Mathematical Studies in Economics and Management Science 1410en_US
dc.subject.jelC72en_US
dc.subject.jelD72en_US
dc.subject.jelD74en_US
dc.subject.ddc330en_US
dc.subject.keywordContestsen_US
dc.subject.keywordcontest success functionen_US
dc.subject.keywordeffort levelsen_US
dc.subject.keywordendogenous contesten_US
dc.subject.stwLogit-Modellen_US
dc.subject.stwSpieltheorieen_US
dc.subject.stwNichtkooperatives Spielen_US
dc.subject.stwTheorieen_US
dc.titleA micro-foundation for non-deterministic contests of the logit formen_US
dc.typeWorking Paperen_US
dc.identifier.ppn587321695en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:Discussion Papers, Kellogg School of Management, Northwestern University

Files in This Item:
File Description SizeFormat
587321695.PDF132.89 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.