Dynamic Team Contests with Complementary Efforts
نویسندگان
چکیده
In this paper, we study dynamic team contests. the framework of a Tullock contest between two teams generating impacts according to Cobb-Douglas effort aggregation function, examine how equilibrium efforts and winning probabilities depend on timing actions. We show that in contrast synchronous contests, asynchronous contests with publicly observable actions do not result same outcome as one-stage contest; they are strategically unbalancing, leading more lopsided The results have implications about design complementary efforts.
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ژورنال
عنوان ژورنال: Social Science Research Network
سال: 2021
ISSN: ['1556-5068']
DOI: https://doi.org/10.2139/ssrn.3837688