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dc.contributor.authorDahm, Matthiasen
dc.contributor.authorPorteiro, Nicolásen
dc.date.accessioned2010-05-14T10:18:54Z-
dc.date.available2010-05-14T10:18:54Z-
dc.date.issued2005-
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
dc.language.isoengen
dc.publisher|aNorthwestern University, Kellogg School of Management, Center for Mathematical Studies in Economics and Management Science |cEvanston, ILen
dc.relation.ispartofseries|aDiscussion Paper |x1410en
dc.subject.jelC72en
dc.subject.jelD72en
dc.subject.jelD74en
dc.subject.ddc330en
dc.subject.keywordContestsen
dc.subject.keywordcontest success functionen
dc.subject.keywordeffort levelsen
dc.subject.keywordendogenous contesten
dc.subject.stwLogit-Modellen
dc.subject.stwSpieltheorieen
dc.subject.stwNichtkooperatives Spielen
dc.subject.stwTheorieen
dc.titleA micro-foundation for non-deterministic contests of the logit form-
dc.typeWorking Paperen
dc.identifier.ppn587321695en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:nwu:cmsems:1410en

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