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Complementarity in Contests

Author

Listed:
  • Skaperdas, S.
  • Syropoulos, C.
Abstract
To facilitate the study of contests in general equilibrium, we examine winner-take-all contests in which the prize is complemenatry to the effort of the contestants, as inputs are in production functions or final goods in utility functions. We focus on the effects of technological factors and endowments on the effort and the welfare of the contestants. Most of our findings differ considerably from the standard model of contestants in which prize and effort are independent.

Suggested Citation

  • Skaperdas, S. & Syropoulos, C., 1998. "Complementarity in Contests," Papers 97-98-21, California Irvine - School of Social Sciences.
    • Handle: RePEc:fth:calirv:97-98-21
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    References listed on IDEAS

    as
    1. Avinash Dixit, 2008. "Strategic Behavior in Contests," Springer Books, in: Roger D. Congleton & Arye L. Hillman & Kai A. Konrad (ed.), 40 Years of Research on Rent Seeking 1, pages 431-438, Springer.
    2. Nti, Kofi O, 1997. "Comparative Statics of Contests and Rent-Seeking Games," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 38(1), pages 43-59, February.
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    12. repec:bla:econom:v:64:y:1997:i:253:p:101-17 is not listed on IDEAS
    13. Nitzan, Shmuel, 1994. "Modelling rent-seeking contests," European Journal of Political Economy, Elsevier, vol. 10(1), pages 41-60, May.
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    Cited by:

    1. Hoffmann, Magnus & Rota-Graziosi, Grégoire, 2012. "Endogenous timing in general rent-seeking and conflict models," Games and Economic Behavior, Elsevier, vol. 75(1), pages 168-184.
    2. Maria Arbatskaya & Hugo Mialon, 2010. "Multi-activity contests," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 43(1), pages 23-43, April.
    3. Choi Gyoung-Gyu, 2020. "Guns and Butter: Stability and Robustness," Asian Journal of Law and Economics, De Gruyter, vol. 11(1), pages 1-8, April.
    4. Alex Robson, 2005. "Multi-Item Contests," ANU Working Papers in Economics and Econometrics 2005-446, Australian National University, College of Business and Economics, School of Economics.
    5. Gyoung‐Gyu Choi & Jeong‐Yoo Kim, 2021. "Trade with enemy: Economic interdependence and stability under anarchy," Manchester School, University of Manchester, vol. 89(4), pages 353-366, July.
    6. Alex Dickson & Ian A. MacKenzie & Petros G. Sekeris, 2022. "The role of markets on resource conflicts," Scandinavian Journal of Economics, Wiley Blackwell, vol. 124(3), pages 677-708, July.
    7. Jean-Pierre Tranchant, 2005. "Cooperation Breakdowns under Incomplete Property Rights," Public Economics 0506006, University Library of Munich, Germany.

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    More about this item

    Keywords

    RENT ; CONFLICTS;

    JEL classification:

    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • D30 - Microeconomics - - Distribution - - - General
    • D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
    • K42 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Illegal Behavior and the Enforcement of Law

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