| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5071711 | Games and Economic Behavior | 2014 | 9 Pages |
Abstract
I derive the unique Bayesian Nash equilibrium outcome for a large class of cumulative distribution functions of the head start. The stronger player generates an informational rent if and only if his head start distribution is not stochastically dominated by a uniform distribution. I identify why my results for an uncertain head start differ qualitatively from uncertainty about a cost function or a valuation.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Christian Seel,
