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    Rights statement: This is the author’s version of a work that was accepted for publication in Economics Letters. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in Economics Letters, 155, 2017 DOI: 10.1016/j.econlet.2017.03.020

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Linking individual and collective contests through noise level and sharing rules

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Linking individual and collective contests through noise level and sharing rules. / Balart, Pau; Chowdhury, Subhasish; Troumpounis, Orestis.
In: Economics Letters, Vol. 155, 06.2017, p. 126-130.

Research output: Contribution to Journal/MagazineJournal articlepeer-review

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Balart P, Chowdhury S, Troumpounis O. Linking individual and collective contests through noise level and sharing rules. Economics Letters. 2017 Jun;155:126-130. Epub 2017 Mar 31. doi: 10.1016/j.econlet.2017.03.020

Author

Balart, Pau ; Chowdhury, Subhasish ; Troumpounis, Orestis. / Linking individual and collective contests through noise level and sharing rules. In: Economics Letters. 2017 ; Vol. 155. pp. 126-130.

Bibtex

@article{f709dfa72ecd466b98549fa620ed190e,
title = "Linking individual and collective contests through noise level and sharing rules",
abstract = "We propose the use of Nitzan{\textquoteright}s (1991) sharing rule in collective contests as a tractable way of modeling individual contests. This proposal (i) tractably introduces noise in Tullock contests when no closed form solution in pure strategies exists, (ii) satisfies the important property of homogeneity of degree zero, (iii) can be effort or noise equivalent to a standard Tullock contest.",
keywords = "Contest, Homogeneity of Degree Zero, Equivalence",
author = "Pau Balart and Subhasish Chowdhury and Orestis Troumpounis",
note = "This is the author{\textquoteright}s version of a work that was accepted for publication in Economics Letters. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in Economics Letters, 155, 2017 DOI: 10.1016/j.econlet.2017.03.020",
year = "2017",
month = jun,
doi = "10.1016/j.econlet.2017.03.020",
language = "English",
volume = "155",
pages = "126--130",
journal = "Economics Letters",
issn = "0165-1765",
publisher = "Elsevier",

}

RIS

TY - JOUR

T1 - Linking individual and collective contests through noise level and sharing rules

AU - Balart, Pau

AU - Chowdhury, Subhasish

AU - Troumpounis, Orestis

N1 - This is the author’s version of a work that was accepted for publication in Economics Letters. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in Economics Letters, 155, 2017 DOI: 10.1016/j.econlet.2017.03.020

PY - 2017/6

Y1 - 2017/6

N2 - We propose the use of Nitzan’s (1991) sharing rule in collective contests as a tractable way of modeling individual contests. This proposal (i) tractably introduces noise in Tullock contests when no closed form solution in pure strategies exists, (ii) satisfies the important property of homogeneity of degree zero, (iii) can be effort or noise equivalent to a standard Tullock contest.

AB - We propose the use of Nitzan’s (1991) sharing rule in collective contests as a tractable way of modeling individual contests. This proposal (i) tractably introduces noise in Tullock contests when no closed form solution in pure strategies exists, (ii) satisfies the important property of homogeneity of degree zero, (iii) can be effort or noise equivalent to a standard Tullock contest.

KW - Contest

KW - Homogeneity of Degree Zero

KW - Equivalence

U2 - 10.1016/j.econlet.2017.03.020

DO - 10.1016/j.econlet.2017.03.020

M3 - Journal article

VL - 155

SP - 126

EP - 130

JO - Economics Letters

JF - Economics Letters

SN - 0165-1765

ER -