Rent-Seeking Contests with Incomplete Information
نویسنده
چکیده
We consider rent-seeking contests with two players that each have private information about their own cost of effort. We consider both discrete and continuous distributions of costs and give results for each case, focusing on existence of equilibria. JEL Classification: D72; C72
منابع مشابه
The strategic advantage of interdependent preferences in rent-seeking contests
We study rent-seeking contests, where the set of players contains two groups of players — one with independent preferences and the other with interdependent preferences. It turns out that the latter experience a strategic advantage in general two-player contests and in n-player-contests with nonincreasing marginal efficiency. As to the case of general n-player contests with increasing marginal ...
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