Commitment in symmetric contests

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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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Bibliographic Details
Main Author:	Possajennikov, Alex
Format:	Article
Published:	Economics Bulletin 2009
Online Access:	https://eprints.nottingham.ac.uk/1999/

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