Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7348771 | Economics Letters | 2018 | 4 Pages |
Abstract
The symmetric two-player Hirshleifer contest admits a unique equilibrium. The equilibrium support is finite and includes the zero expenditure level. We also establish a lower bound for the cardinality of the support and an upper bound for the undissipated rent.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Christian Ewerhart, Guang-Zhen Sun,