Contests with limited resources
作者： Dmitriy Kvasov
DOI: 10.1016/J.JET.2006.06.007
关键词: Adversary 、 Microeconomics 、 Competition (economics) 、 Economics 、 Limited resources 、 Industrial organization 、 CONTEST
摘要: Abstract Many interesting phenomena (electoral competition, R&D races, lobbying) are instances of multiple simultaneous contests with unconditional commitment limited resources. Specifically, the following game is analyzed. Two players compete in a number contests. The have resources (budgets) and must decide how to allocate these different In each contest player who expends more than his adversary wins corresponding prize. Mixed-strategy equilibria characterized case identical values budgets connections classical Blotto
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