Large tullock contests

buir.contributor.authorDoğan, Serhat
buir.contributor.authorKaragözoğlu, Emin
buir.contributor.authorSağlam, Çağrı
buir.contributor.orcidKaragözoğlu, Emin|0000-0003-2442-6949
dc.citation.epage179en_US
dc.citation.issueNumber2
dc.citation.spage169
dc.citation.volumeNumber140
dc.contributor.authorDoğan, Serhat
dc.contributor.authorKaragözoğlu, Emin
dc.contributor.authorSağlam, Çağrı
dc.contributor.authorKeskin, K.
dc.date.accessioned2024-03-11T10:29:28Z
dc.date.available2024-03-11T10:29:28Z
dc.date.issued2023-05-25
dc.departmentDepartment of Economics
dc.description.abstractWe characterize the equilibrium effort function of a large Tullock contest game with heterogeneous agents under mild conditions on the contest success function and effort cost function. Later, writing the equilibrium total effort explicitly under a uniform type distribution, we identify the effort-maximizing large Tullock contest. It is shown that the contest designer needs to increase the curvature of the effective effort function, thereby encouraging high-type agents to exert even higher efforts, as the curvature of the effort cost function increases or the support of the type distribution gets narrower.
dc.description.provenanceMade available in DSpace on 2024-03-11T10:29:28Z (GMT). No. of bitstreams: 1 Large-Tullock-contestsJournal-of-Economics-Zeitschrift-fur-Nationalokonomie (1).pdf: 889939 bytes, checksum: 0f3173775e8707c5c21545d830dd8f66 (MD5) Previous issue date: 2023-05-25en
dc.identifier.doi10.1007/s00712-023-00829-8
dc.identifier.issn09318658
dc.identifier.urihttps://hdl.handle.net/11693/114496
dc.language.isoen
dc.publisherSpringer Nature
dc.relation.isversionofhttps://dx.doi.org/10.1007/s00712-023-00829-8
dc.rightsCC BY
dc.rights.urihttps://creativecommons.org/licenses/by/4.0/
dc.source.titleJournal of Economics/ Zeitschrift fur Nationalokonomie
dc.subjectAsymmetric contest
dc.subjectContest design
dc.subjectEffort-maximizing contests
dc.subjectLarge game
dc.subjectTullock contests
dc.titleLarge tullock contests
dc.typeArticle

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