Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/25584 
Year of Publication: 
2007
Series/Report no.: 
Jena Economic Research Papers No. 2007,010
Publisher: 
Friedrich Schiller University Jena and Max Planck Institute of Economics, Jena
Abstract: 
The key element of models of contest is the Contest Success Function (CSF) which specifies the winning probabilities of agents. We provide an axiomatization of two parametric families of CSF’s. In the first, the winning probability of each agent depends on the investments and a vector of parameters, where each parameter is specific to one of the contestants. In the second, the winning probabilities depend on investments and a scalar parameter common to all contestants.
Subjects: 
Contest success function
Axiomatization
Rent seeking
JEL: 
C70
D72
D74
Document Type: 
Working Paper

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