Commitment in symmetric contests
The paper proves that in two-player logit form symmetric contests with concave success function, commitment to a particular strategy does not increase a player's payoff, while in contests with more than two players it does. The paper also provides a contest-like game in which commitment does n...
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| Format: | Article |
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Economics Bulletin
2009
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| Online Access: | https://eprints.nottingham.ac.uk/1999/ |