Header

UZH-Logo

Maintenance Infos

The lottery contest is a best-response potential game


Ewerhart, Christian (2017). The lottery contest is a best-response potential game. Economics Letters, 155:168-171.

Abstract

It is shown that the image-player lottery contest admits a best-response potential (Voorneveld 2000, Economics Letters). This is true also when the contest technology reflects the possibility of a draw. The result implies, in particular, the existence of a non-trivial two-player zero-sum game that is best-response equivalent to a game with identical payoff functions.

Abstract

It is shown that the image-player lottery contest admits a best-response potential (Voorneveld 2000, Economics Letters). This is true also when the contest technology reflects the possibility of a draw. The result implies, in particular, the existence of a non-trivial two-player zero-sum game that is best-response equivalent to a game with identical payoff functions.

Statistics

Altmetrics

Downloads

10 downloads since deposited on 28 Mar 2017
10 downloads since 12 months
Detailed statistics

Additional indexing

Item Type:Journal Article, refereed, original work
Communities & Collections:03 Faculty of Economics > Department of Economics
Dewey Decimal Classification:330 Economics
Uncontrolled Keywords:Potential games; tullock contest; best-response equivalence; zero-sum games
Language:English
Date:2017
Deposited On:28 Mar 2017 13:37
Last Modified:26 Apr 2017 14:45
Publisher:Elsevier
ISSN:0165-1765
Publisher DOI:https://doi.org/10.1016/j.econlet.2017.03.030

Download

Preview Icon on Download
Preview
Content: Accepted Version
Filetype: PDF
Size: 231kB
View at publisher
Preview Icon on Download
Preview
Content: Published Version
Filetype: PDF
Size: 503kB
Licence: Creative Commons: Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0)