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On the Number of Contestants and Equilibrium Individual Effort

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  • Peng Baochun

Abstract

This paper shows that in a contest with the "Tullock" forms of contest success function, an increase in the number of contestants always reduces individual effort. However, when the outcome of the contest is governed by a noisy function of effort, then individual effort could either increase or decrease following an increase in the number of contestants, depending on whether the density function of the shock is upward or downward sloping.

Suggested Citation

  • Peng Baochun, 2006. "On the Number of Contestants and Equilibrium Individual Effort," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 6(1), pages 1-15, November.
    • Handle: RePEc:bpj:bejtec:v:topics.6:y:2006:i:1:n:14
    DOI: 10.2202/1534-598X.1305
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    Cited by:

    1. Raul Caruso, 2012. "Differentials in property Rights in a two-sector economy," Revue d'économie politique, Dalloz, vol. 122(2), pages 257-278.
    2. repec:ebl:ecbull:v:4:y:2007:i:17:p:1-8 is not listed on IDEAS
    3. Raul Caruso, 2007. "Continuing Conflict and Stalemate: A note," Economics Bulletin, AccessEcon, vol. 4(17), pages 1-8.

    More about this item

    Keywords

    contest success function; effort;

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