کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5057645 1476608 2017 4 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
The lottery contest is a best-response potential game
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
The lottery contest is a best-response potential game
چکیده انگلیسی


- The n-player lottery contest is shown to admit a best-response potential.
- This holds likewise for contest technologies that reflect the possibility of a draw.
- In particular, a non-trivial two-player zero-sum game may admit a best-response potential.

It is shown that the n-player lottery contest admits a best-response potential (Voorneveld, 2000). This is true also when the contest technology reflects the possibility of a draw. The result implies, in particular, the existence of a non-trivial two-player zero-sum game that is best-response equivalent to a game with identical payoff functions.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Economics Letters - Volume 155, June 2017, Pages 168-171
نویسندگان
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