Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5057742 | Economics Letters | 2017 | 5 Pages |
Abstract
â¢We investigate contestants' incentives to disclose their valuations of the prize.â¢A private value Tullock contest model is considered.â¢Information sharing arises in equilibrium if types are concentrated enough.â¢Sharing information is strictly dominated if types are sufficiently dispersed.
We investigate players' incentives to disclose information on their private valuations of the prize ahead of a rent-seeking contest: Information sharing arises in equilibrium if types are concentrated enough, whereas sharing information is strictly dominated if types are sufficiently dispersed.
Related Topics
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Authors
Zenan Wu, Jie Zheng,