Sequential contests with synergy and budget constraints

@article{Megidish2014SequentialCW,
  title={Sequential contests with synergy and budget constraints},
  author={Reut Megidish and Aner Sela},
  journal={Social Choice and Welfare},
  year={2014},
  volume={42},
  pages={215-243}
}
Sequential Contests with Synergy and Budget Constraints We study a sequential Tullock contest with two stages and two identical prizes. The players compete for one prize in each stage and each player may win either one or two prizes. The players have either decreasing or increasing marginal values for the prizes, which are commonly known, and there is a constraint on the total effort that each player can exert in both stages. We analyze the players' allocations of efforts along both stages when… CONTINUE READING

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