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A simple dynamic contest with a parameterized strength of competition

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  • José A. García-Martínez

    (Universidad Miguel Hernández)

Abstract

This paper analyzes the effect of competition in a dynamic contest in which agents of two types (A and B) differ in their expected performances; environments where type A outperforms type B are more frequent than those where B outperforms A. In each period, the population of agents is randomly matched in groups of n members (each group faces a particular environment), with the top $$k

Suggested Citation

  • José A. García-Martínez, 2018. "A simple dynamic contest with a parameterized strength of competition," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 9(3), pages 305-332, August.
    • Handle: RePEc:spr:series:v:9:y:2018:i:3:d:10.1007_s13209-018-0180-6
    DOI: 10.1007/s13209-018-0180-6
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    References listed on IDEAS

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    More about this item

    Keywords

    Contest; Competition; Strength of competition; Selection process;
    All these keywords.

    JEL classification:

    • D00 - Microeconomics - - General - - - General
    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
    • C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games

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